Brief: Concordia Maritime: Sale Of Positions In Chartered-In Suezmax Vessels

Concordia Maritime AB

18/12/2018 14:03

Dec 18 (Reuters) - Concordia Maritime AB  CCORb.ST :
    * SALE OF POSITIONS IN CHARTERED-IN SUEZMAX VESSELS
    * ECONOMIC VALUE CORRESPONDS TO AN EBITDA OF USD 5.3
MILLION.
    * IS SELLING POSITIONS PREVIOUSLY TAKEN IN FOUR CHARTERED-IN
SUEZMAX VESSELS
    * IS SELLING POSITIONS PREVIOUSLY TAKEN IN FOUR CHARTERED-IN
SUEZMAX VESSELS
    * AS ANTICIPATED, STRONGER MARKET HAS NOW MATERIALISED AND
POSITIONS HAVE A CLEAR ECONOMIC VALUE
    * CONCORDIA MARITIME - AGREED WITH STENA BULK TO SELL SHARES
IN
PERIOD CHARTERS JANUARY 1 2019 TO END OF CHARTER PERIOD

Source text for Eikon:  ID:nWkr3yPpWG 
Further company coverage:  CCORb.ST 

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