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Concordia on postponed moving plans: "We have put those discussions on ice"

Sweden's Concordia Maritime has put its plans to move from Stockholm's stock exchange to Oslo's on ice. Global unrest is the primary cause, but administrative challenges also play a part, CEO Kim Ullman tells ShippingWatch.

Photo: PR/Concordia Maritime

Global unrest and administrative challenges are the reasons that Concordia Maritime and its owner, Stena, have dropped efforts to move the Swedish product tanker carrier to the Oslo Stock Exchange for now, says Concordia Maritime Chief Executive Kim Ullman in an interview with ShippingWatch.

"We have put those discussions on ice," says the CEO.

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