Concordia Maritime extends contracts with oil major

Swedish Concordia Maritime has managed to extend two product tanker contracts until the summer 2015. "A sign of additional extensions," says Fearnley.

Photo: Stena AB

Stock-listed Swedish product tanker carrier Concordia Maritime has managed to extend two contracts with a major oil company from January 1st until the summer 2015. The deal involves two ships in Concordia Maritime's special tanker class P-Max, namely the vessels Stena Provence and Stena Polaris, which will continue to sail on Asia-Pacific where the ships have been deployed since the past summer.

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