Interim Report 1 January-30 September 2012

  • Weak market during the quarter
  • Stena Primorsk chartered out to new customer
  • Another P-MAX tanker, Stena President, converted to IMO 3

Total income, SEK 417.1 million

EBITDA, SEK 175.4 million

Operating result before impairment, SEK 61.9 million

Impairment, SEK -408.8 million

Operating result after impairment, SEK -346.9 million

Result after tax, SEK -365.7 million

Result per share, SEK -7.66

EBITDA, USD 25.8 million

Available liquid funds, SEK 570.4 million (including unutilized credit facilities)


Hans Norén, President, +46 704 855101

Anna Forshamn, CFO, +46 704 855172

Concordia Maritime is an international tanker shipping company. Our focus is on cost-effective and safe transportation of refined petroleum products and vegetable oils. The company’s B shares were admitted to trading on Nasdaq OMX Stockholm in 1984. www.concordiamaritime.com

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About Us

Concordia Maritime is an international shipping company. Our focus is on the cost-efficient and safe transportation of refined petroleum products and edible oils. The series B-share has been listed on Nasdaq Stockholm since 1984. www.concordiamaritime.com