Tanker

Concordia Maritime: Slightly weaker tanker market in 2016

Swedish tanker carrier Concordia Maritime continues to benefit from the golden days in the tanker market with an improved result in the first quarter, but the carrier's management team projects a slightly weaker market in 2016 than in the past year.
Photo: Stena
Photo: Stena
by DANIEL LOGAN

Concordia Maritime, the Swedish Stena group's listed tanker carrier, is still reaping the rewards of the all-time high tanker market as the carrier improved both revenue and operating profit in the first three months of the year.

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