GÖTEBORG, Sweden, Sept. 6, 2018 /PRNewswire/ -- Concordia
Maritime has signed a contract to charter out the P-MAX tanker
Stena Provence. The contract
is for one year and runs from September
2018. One again, the contractual partner is one of the
world's largest oil and gas companies.
The vessel has been used by the same customer since 2014 for
consecutive niche transportation of refined petroleum products,
mainly in the Asia Pacific region.
"It's always pleasing to be given a renewal of confidence.
This customer has a specific transport need, for which the large
load capacity of our P-MAX vessels are well suited. For our part,
the contract is fully in line with our efforts to concentrate
employment on niche trades where the P-MAX vessels' unique
properties are most beneficial," says Kim Ullman, CEO of Concordia Maritime.
This is Concordia Maritime's second contract extension in the
recent period. In July, a similar contract was signed with the same
customer for the P-MAX vessel Stena
Paris.
"Given the weak market, we are still pleased with the level
of the contract. Having part of the fleet signed to
longer-term contracts is strategically important for us.
Long-standing customer relationships are one of the cornerstones of
our strategy," concludes Kim
Ullman.
Kim Ullman
CEO
Concordia Maritime AB
Tel +46-31855003
Mobile +46-704855003
Email kim.ullman@concordiamaritime.com
Ola Helgesson
CFO
Concordia Maritime AB
Tel +46-31-855009
Mobile +46-704-855009
Email ola.helgesson@concordiamaritime.com
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SOURCE Concordia Maritime