Concordia Maritime expands Suezmax venture

Concordia Maritime has signed an agreement to charter 50 percent of a Suezmax crude oil tanker. The agreement runs until August 2015.

Photo: Stena

The stock-listed Swedish tanker carrier Concordia Maritime is increasing the company's presence in the Suezmax sector with a new charter deal. The Suezmax sector is currently benefiting from the low oil price.

The deal expires in August 2015 and comes with a one-year extension option, says the company in a press release.

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