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 leaseback arrangement, from one of Japan’s largest shipping companies. The contract contains annual purchase options, which Concordia Maritime has now elected to exercise. The sale will have a positive liquidity effect of approximately USD 4 million. The vessel has been employed in the spot market through the Stena Sonangol Suezmax Pool.