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Tanker

Concordia Maritime missed upswing: "It is obviously sad"

A deal with a sister company means that Concordia Maritime has not been able to partake in the product tanker upturn. The agreement was an important part of a sweeping rescue plan last year.
A deal with sister company Stena Bulk was an important part of a large-scale rescue plan for Concordia Maritime. However, the agreement has now become a limitation to the company. | Photo: Oddway / Concordia Maritime
A deal with sister company Stena Bulk was an important part of a large-scale rescue plan for Concordia Maritime. However, the agreement has now become a limitation to the company. | Photo: Oddway / Concordia Maritime
by NIKLAS KRIGSLUND

While competitors are bringing in massive profits, Swedish shipping company Concordia Maritime has missed the upswing.

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