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.

BY LOUISE VOGDRUP-SCHMIDT

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.

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