Resolutions at Concordia Maritime’s Extraordinary General Meeting
At Concordia Maritime AB (publ)’s (”Concordia” or the “Company”) Extraordinary General Meeting on 12 August 2021, it was resolved in accordance with the proposal of the Board of Directors to approve the agreement with Stena Bulk AB on time charter of all of the Company’s ten P-MAX product tankers (the “Time Charter”) and the guarantee contract whereby Stena Sessan AB guarantees to pay up to MUSD 10 to the Banks on behalf of Concordia under certain circumstances (the “Guarantee”).As announced on 12 July 2021, the Company and some of the Company’s lending banks (the “Banks”) have agreed upon