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.

"This is a testament to the fact that our P-MAX tankers make a major difference when properly utilized. We are very pleased to be able to extend this charter, which, alongside our business partner, we have long and successfully cultivated in this region of the world," says Concordia Maritime CEO Kim Ullman in a statement.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs