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"I haven't seen such a bad first quarter since the early 80s"

Concordia Maritime still believes in a strong improvement of the tanker market and potentially even black figures on the bottom line for the first time since 2016 despite booking a major loss in the first quarter and being in negotiations with its owner and banks about new financing, says CEO Kim Ullman to ShippingWatch.

Kim Ullman, CEO of Concordia Maritime. | Photo: PR/Concordia Maritime

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