Concordia Maritime exercises purchase options and sells IMOIIMAX vessels
Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The net liquidity surplus from the transactions amounts to approximately SEK 45 million.The two vessels were sold to a large Japanese financial services company in 2016 and 2017 under sale-leaseback agreements. The agreements also included annual purchase options, which have now been exercised. The net liquidity surplus from the transactions amounts to approximately SEK 45 million and will be added to Concordia Maritime in connection with