Concordia Maritime secures new agreement for repayment of eight vessels
Following this summer's rescue plan with Stena Group in a leading role, Concordia Maritime secures a better loan agreement for eight p-max vessels. The tanker company expects a similar agreement for two more p-max vessels.
by JENS THOMSEN
Financially strained Swedish product tanker carrier Concordia Maritime has secured a new agreement allowing the company to repay eight ship financing loans over a longer period of time than initially agreed upon, writes Concordia in a press release.
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