The product tanker Palva delivered

The product tanker Palva was delivered today from Bordosplit Shipyard in Split. The Palva and her sister the Stena Poseidon, which was delivered from the same shipyard in January, this year, are jointly owned by Concordia Maritime and Neste Shipping on a 50-50 basis. Both vessels have been signed to 10-years charters with Neste Oil.

The Palva was named at Brodosplit Shipyard in Split at the end of last year together with her sister the Stena Poseidon. Both vessels will operate in part in the Baltic Sea and have Finland as their starting point for voyages to North America.

The Palva and the Stena Poseidon are so-called Panamax tankers, i.e. they are designed to be able to pass through the narrow passages in the Panama Canal’s locks. In addition, the vessels have been built to Ice Class 1A specifications, which means that they are able to sail in a channel with 1.0 metre thick ice. Together with a 360o view from the bridge, they have an extra large cargo intake and adjustable propellers for greater maneuverability when sailing through ice.

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Technical data for the Panamax tankers
Length 228.6 m
Breadth 32.24 m
Draft 20.45 m
Deadweight 75,000 tons
Cargo volume 85,500 m³

About Us

Concordia Maritime is an international shipping company. Our focus is on the cost-efficient and safe transportation of refined petroleum products and edible oils. The series B-share has been listed on Nasdaq Stockholm since 1984. www.concordiamaritime.com

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