Brief: Concordia Maritime says settles arbitration, to pay $9.25 mln

Concordia Maritime AB

13/05/2016 06:30

May 13 (Reuters) - Concordia Maritime AB  CCORb.ST  
    * Says settles arbitration 
    * Says has entered into a settlement agreement regarding a 
dispute associated with Stena Primorsk's grounding in the Hudson 
River in December 2012 
    * Says will pay USD 9.25 million to counterparty 
 
Source text for Eikon:  ID:nWkrel8736  
Further company coverage:  CCORb.ST  
 
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