ShippingWatch

Concordia Maritime multiplies profit in first quarter

As the first major product tanker carrier, Concordia Maritime releases numbers on developments in the first quarter, in which rising rates multiplied the company's profit. Plans to get listed on the Oslo Stock Exchange are put on hold.

Photo: PR/Concordia Maritime

While the coronavirus has marked the world economy the last few months, first quarter figures have been otherwise positive reading for tanker companies.

This applies not least to Sweden's Concordia Maritime, which as the first major product tanker carrier has just presented its financials for the first quarter.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Eurotunnel accuses DFDS of unfair competition on English Channel

Getlink, which owns the railroad service Eurotunnel under the English Channel, accuses ferry operators DFDS and P&O ferries of having struck an unfair deal on the Dover-Calais route in terms of competition. DFDS CEO Torben Carlsen rejects the accusation to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs