Concordia Maritime signs time-charter contract for two P-MAX tankers and launches a pool with four vessels
The time-charter contracts are with Stena Bulk and cover the wholly owned Concordia Maritime tankers Stena Perros and Stena President, for one year each. The pool to be started up by Concordia Maritime and Stena Bulk will also include the P-MAX vessels Stena Penguin and Stena Primorsk for the same period of time. The four tankers will transport heavy petroleum products, primarily in the Atlantic market.“We are very pleased with the agreement and still believe in a stronger market in 2015, but we also want to balance our spot market exposure. At the same time, this allows us to fully