ShippingWatch

Concordia Maritime opts for pan-Nordic business set-up

Tanker shipping company Concordia Maritime moves its operations from Sweden to Denmark, although CEO Kim Ullman stays in Gothenburg. The next move could be a listing on the Oslo Stock Exchange. ShippingWatch has interviewed Ullman about the new set-up.

Kim Ullman is CEO of tanker shipping company Concordia Maritime. He will continue to work from Sweden as the only person after the company moves its operations to Denmark. | Photo: PR/Concordia Maritime

CEO Kim Ullman sees benefits in moving Concordia Maritime's operations from Sweden to Denmark.

The shipping company just relocated two people and its operations in Gothenburg in Sweden to Hellerup north of Copenhagen. The company does so in order to become eligible for Danish tonnage tax.

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