Brief: Concordia Maritime Participates In Three Suezmax Tankers Chartered In By Stena Bulk

Concordia Maritime AB

25/05/2018 12:32

May 25 (Reuters) - CONCORDIA MARITIME AB  CCORb.ST :
    * CONCORDIA MARITIME STRENGTHENS ITS POSITION IN THE CRUDE
OIL
TANKER SEGMENT THREE SUEZMAX TANKERS CHARTERED IN WITH STENA
BULK
    * DECIDED TO PARTICIPATE IN THREE SUEZMAX TANKERS CHARTERED
IN BY
STENA BULK.
    * . CONTRACTS ARE FOR 12 MONTHS, WITH AN OPTION TO EXTEND
UNTIL
END OF 2019.
    * CONTRACTS ALSO INCLUDE A PROFIT-SHARING CLAUSE WITH
CONTRACTUAL
PARTNER.
    * VESSELS WILL BE EMPLOYED ON SPOT MARKET THROUGH SUCCESSFUL
STENA
SONANGOL SUEZMAX POOL
    * CONCORDIA MARITIME'S SHARE IN VESSEL CHARTERS IS 50%.

Source text for Eikon:  ID:nWkr8rQbsV 
Further company coverage:  CCORb.ST 

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