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Stena could move Concordia listing to Oslo

Swedish shipping group Stena considers moving the listing of product tanker ship operator Concordia Maritime from Stockholm to Oslo. There is almost no interest in shipping in Sweden, says Stena's owner.

Photo: PR/Concordia Maritime

Stena Group, which owns product tanker shipping company Concordia Maritime, is looking to move the listing of the shipping company from Stockholm to Oslo.

"We will likely move Concordia to the Oslo Stock Exchange, hopefully next year. In Sweden there's almost no interest in shipping companies, and it would hopefully lead to more interest and a better pricing," Stena CEO Dan Sten Olsson tells Swedish business daily Dagens Industri.

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