Concordia Maritime hopes to stay profitable in 2015

Tanker carrier Concordia Maritime achieved a positive result in 2014 and hopes to be able to continue the solid rates in 2015 and 2016, where the carrier expects a stronger crude oil and product tanker market.

Photo: Stena AB

Swedish Concordia Maritime finished 2014 with a revenue of USD 63 million compared to USD 55.6 million in 2013. The carrier achieved a profit of USD 986,000 after taxes in 2014 compared to a deficit of USD 3.42 million in 2013.

Concordia Maritime marked by weak quarter 

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

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs