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Tagged in Concordia Maritime

Concordia Maritime Sign Agreement Regarding The Sale of Two Product Tankers

Concordia Maritime AB has entered into an agreement for the sale of the product tankers Stena Premium and Stena Progress. The sale will generate a liquidity supplement of approx. MSEK 100. Stena Progress (65,200 dwt) was built 2009 and Stena Premium …
Aug 4, 2023 / Curious

Concordia Maritime AB entered into an agreement for the sale of the product tanker Stena Penguin

Concordia Maritime AB has entered into an agreement for the sale of the product tanker Stena Penguin. The sale is expected to have a positive liquidity effect of approximately SEK 215 million. Stena Penguin, 65,200 dwt, was built in 2010. The buyer …
May 3, 2023 / Vessels

Concordia Maritime Announced Delivery of Sold Vessel and Continued Review of the Fleet

On Wednesday (Nov30), the sold product tanker Stena Primorsk was delivered to its new owner. The other two recently sold vessels are expected to be delivered at the end of 2022 and the beginning of 2023, respectively. After the sale of the three …
Dec 5, 2022 / Vessels

Concordia Maritime Announces Sale of Three P-MAX Vessels

In a strong tonnage market, Concordia Maritime has entered into an agreement for the sale of the three product tankers, Stena Primorsk, Stena Performance and Stena Provence, all built in 2006 and of 65,200 dwt. The sale is expected to have a positive …
Sep 19, 2022 / Vessels

Concordia Maritime announces sale of the P-MAX vessel Stena Paris

Concordia Maritime has entered into an agreement for the sale of the product tanker Stena Paris (65,000 dwt, built in 2005). The buyer is based in Greece and delivery is expected to take place at the end of July 2022.The sale is expected to have a …
Jul 6, 2022 / Vessels

Sale of Suezmax tanker Stena Supreme

Concordia Maritime has entered into an agreement for the sale of the Suezmax tanker Stena Supreme (158,000 dwt, built in 2012). Delivery is expected in June 2022.Stena Supreme has been chartered in by Concordia Maritime since 2016, under a sale and …
May 12, 2022 / Vessels

Concordia Maritime announces Sale of P-MAX tanker Stena President

Concordia Maritime has entered into a contract for the sale of the P-MAX-vessel Stena President (65,200 dwt, built in 2007). The buyer is a shipping company based in Greece. Delivery is scheduled in March 2022. Caption: P-MAX tanker Stena President …
Mar 4, 2022 / Vessels

Concordia Maritime launches a technical design study to investigate the feasibility of converting and adapting a P-MAX vessel for container transportation

Concordia Maritime has launched a technical design study together with Stena Teknik and a German consulting company specialising in ship design. The aim is to investigate the feasibility of converting and adapting a P-MAX vessel for container …
Feb 8, 2022 / Curious

Concordia Maritime announces sale of P-MAX vessel, in line with bank agreement

Concordia Maritime has entered into a contract for the sale of the P-MAX vessel Stena Perros (65,000 dwt, built in 2007). The buyer is an oil company with operations in Africa and delivery is scheduled for the end of January. Caption: Tanker Stena …
Jan 17, 2022 / Vessels

Term sheet with lending banks completed - Concordia Maritime signs agreements on new loan terms and conditions

Concordia Maritime has entered into binding agreements with lending banks regarding new loan terms and conditions for eight of the Company's ten P-MAX vessels. The new terms and conditions are valid until the end of Q4 2024.The new agreements are …
Oct 6, 2021 / Finance