Concordia Maritime: Major threats to product tanker
Product tanker carrier Concordia Maritime is doing well in the current tanker market. But there are major dangers ahead for the carrier and its competitors, CEO Kim Ullman tells ShippingWatch.
BY LOUISE VOGDRUP-SCHMIDT
The first quarter was actually a pretty good quarter for Swedish Concordia Maritime, which is controlled by the major Swedish Stena shipping group, but the second quarter will not be easy and the product tanker market might not be as good for the carrier as it has been in the past. Reasons for this include overcapacity, uncertainty about the global economy and growing competition from other carriers, says Concordia Maritime CEO Kim Ullman in an interview with ShippingWatch.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Concordia Maritime marked by weak quarter
For subscribers
Stena Weco sets record in 2013
For subscribers
Stena grows revenue and profit
For subscribers
