Interim report 30 June, 1999
OUR POSITION INTERIM REPORT FOR CONCORDIA MARITIME AB (publ) 1.1 - 30.6 1999 ¤ Profit of SEK 3.3 (78.7) million after financial net ¤ Weak development of freight market ¤ Poor freight market also anticipated in third quarter ¤ Continued good ship operation at low costs Concordia owns seven large tankers built in the mid-1970s as well as a product tanker and two self-discharging bulk carriers. In addition to these wholly- owned ships, Concordia has chartered a VLCC and has a freight contract equivalent to the capacity of one VLCC together with Stena Bulk. In terms of quality, the Group's