Concordia Maritime: Recovery will continue in 2016

The increasingly solid conditions in the tanker market will continue into 2016, Concordia Maritime CEO Kim Ullman estimates in comment to ShippingWatch.

BY LOUISE VOGDRUP-SCHMIDT

The tanker market, and the product tanker market especially, have experienced a massive boom in 2015 - a boom which CEO Kim Ullman of the Stena Group's tanker carrier Concordia Maritime described as fragile in July, but which he now has greater faith in, following the presentation of the second quarter interim report.

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Concordia Maritime boosts product tanker result
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Concordia Maritime: Recovery will continue in 2016

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Concordia Maritime boosts product tanker result

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Concordia Maritime: Strong start to 2015

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs