Kim Ullman calls for moderation in tanker upturn

At a time of high tanker freight rates, one of the challenges is to explain to investors that not all ships can bag the towering rates being reported, Concordia Maritime CEO Kim Ullman says in an interview with ShippingWatch.

Photo: PR/Concordia Maritime

The freight rates for product tanker vessels are booming, and one needs to stay ready if one as a shipowner wants to reap the full rewards of the historic recovery.

But the recovery has put pressure on ports across the globe, and this also leads to frustration at Swedish product tanker ship operator Concordia Maritime.

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