Continuing investments in the product tanker segment- Positioning for the expected stronger market
Concordia Maritime has signed a contract to charter in another IMO2/3 class MR tanker. The contract, which runs from the end of January, is for two years with multiple options to extend. In parallel, the MR tanker whose charter contract expired in November is also having its charter extended for minimum a further year.The newly chartered vessel is under construction and will be delivered from the shipyard in January 2018. This contract, as well as the extension, is a joint charter with Stena Bulk, and Concordia Maritime’s share amounts to 50 percent. Both vessels will be operated by the