Releases - Concordia Maritime

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Notice from the Annual General Meeting of Concordia Maritime AB (publ) held on 2...

4/24/2013 4:44 AM EST
At the Annual General Meeting of Concordia Maritime AB held on 23 April, 2013,
Carl-Johan Hagman was re-elected as Chairman of the Board and Carl Mikael von Mentzer was re-elected as Vice Chairman of the Board. Dan Sten Olsson, Stefan Brocker, Mats Jansson, Michael G:son Löw and Morten Chr. Mo were re-elected as board members, in accordance with the proposal presented by the nomination committee.

The meeting...

Interim Report 1 January – 31 March 2013

4/23/2013 9:08 AM EST
Operating result of SEK 15.7 million Improved income for vessels on the spot market Strongest product tanker market since 2008
Total income, MSEK 127.9 EBITDA, MSEK 51.2 Operating result before impairment, MSEK 15.7 Impairment, MSEK 0.0 Operating result after impairment, MSEK 15.7 Result after tax, MSEK 7.6 Result per share, SEK 0.16 EBITDA, MUSD 8.0 Available liquid funds, MSEK 427.0

Concordia Maritime Q1 2013

4/23/2013 9:07 AM EST
http://youtu.be/VN-Kz-qnOtw

Concordia Maritime AB Q4 report 2012

2/21/2013 8:35 AM EST
Hans Norén, president at Concordia Maritime, walks us through Q4 2012 in this video report. Also joining him is Anna Forshamn, CFO, who walks us through the financials. Watch the movie: http://www.youtube.com/watch?v=76K0bcc9UQE

YEAR-END REPORT, 1 January –31 December 2012

2/21/2013 8:00 AM EST
Financing secured for newly ordered vessels

Half of the P-MAX fleet upgraded to IMO 3

Board proposes to the AGM a dividend of SEK 0.50 (1.00)
Full year 2012

Total income, SEK million 543.4
EBITDA, SEK million 228.4
Operating result before impairment, SEK million 77.5
Impairment, SEK million -411.0
Operating result after impairment, SEK million -333.5
Result after tax, SEK million -356.0
Result per share, SEK...
 

Concordia Maritime Q3 2012

11/7/2012 8:06 AM EST
Concordia Maritime Q3 2012

Interim Report 1 January-30 September 2012

11/7/2012 7:45 AM EST
· Weak market during the quarter
· Stena Primorsk chartered out to new customer
· Another P-MAX tanker, Stena President, converted to IMO 3
Total income, SEK 417.1 million

EBITDA, SEK 175.4 million

Operating result before impairment, SEK 61.9 million

Impairment, SEK -408.8 million

Operating result after impairment, SEK -346.9 million

Result after tax, SEK -365.7 million

Result per share, SEK...

Interim Report 1 January – 30 June 2012

8/16/2012 2:45 AM EST
Delivery of suezmax vessel Stena Supreme
Two new tankers ordered
Fleet written down by USD 60 million
Total income, SEK 281.3 million

EBITDA, SEK 122.4 million (USD 17.9 million)

Operating result before impairment, SEK 46.7 million

Impairment, SEK -411.0 million

Operating result after impairment, SEK -364.3 million

Result after tax, SEK -373.1 million

Result per share, SEK -7.82

Available liquid funds,...

Delivery of Stena Supreme from Samsung Heavy Industries in South Korea

7/2/2012 5:35 AM EST
On Friday the 29 June the Suezmax tanker Stena Supreme was delivered from Samsung Heavy Industries in Geoje, South Korea. The Stena Supreme is a crude oil tanker and with a length of 274 m, it is the largest vessel in Concordia Maritime’s fleet. The vessel, representing an investment of around SEK 500 million, will be employed in the open market via the Stena Sonangol Suezmax Pool.
Marie Eriksson, Godmother of Stena Supreme and Hans Norén, President of Concordia Maritime
 

Stena Supreme named in South Korea

6/28/2012 4:52 AM EST
Concordia Maritime’s Suezmax tanker Stena Supreme was yesterday  named at a ceremony at the Samsung Heavy Industries shipyard in Geoje, South Korea. The tanker is a third generation, fuel-efficient Suezmax and will be employed in the open market via the Stena Sonangol Suezmax Pool. She is expected to be delivered shortly.
The Stena Supreme’s godmother is Marie Eriksson, a lawyer and daughter of Madeleine Olsson...

Concordia Maritime

Concordia Maritime is an international shipping company. Our focus is on the cost-efficient and safe transportation of refined petroleum products such as gasoline, diesel fuel and aviation fuel. The series B-share has be...

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