Releases - Concordia Maritime

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Concordia Maritime wins award again for its stock market information

12/6/2011 10:00 AM EST
Today, Concordia Maritime, which is active in tanker shipping, was awarded the prize for “Best Annual Report” in Nasdaq OMX’s annual competition. The award was presented at a ceremony at FinForum in Stockholm.
“Someone said that our annual report could function as a textbook in shipping and I think that’s praise indeed. We put a lot of effort into really explaining the necessary conditions for our business,...

Interim Report 1 January - 30 September 2011

11/2/2011 2:47 AM EST
Net sales: SEK 421.6 (367.9) million
Result after tax SEK 58.9 (61.5) million
Result per share after tax: SEK 1.23 (1.29)
EBITDA USD 28.3 (22.2) million
Available liquid funds (including unutilised credit facilities) SEK 668.1 (653.0) million
Two P-MAX vessels were employed in the open market in the third quarter. All other vessels are still employed on contracts.

Good availability of liquid funds, SEK 668.1...

Interim Report 1 January-30 June 2011

8/16/2011 8:55 AM EST
Business operations proceeding according to plan. Three ships were taken in for scheduled drydock in the second quarter. The tenth P-MAX tanker was delivered during the second quarter. The newbuilding program now consists of one suezmax tanker. Continuing good availability of liquid funds, SEK 636.6 (709.7) million. Forecast for 2011: result before tax of USD 10-13 million, approx. SEK 65-85 million, depending on...

Concordia Maritime upgrading ships and changing fleet disposition

8/9/2011 2:30 AM EST
Concordia Maritime has now completed the upgrade of two of its P-MAX tankers to chemical class III, so-called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil. The vessels in question are the Stena Performance, re-delivered from her time charter at the end of June, and the latest addition to the fleet, the Stena...
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Concordia Maritime launch App

7/7/2011 8:39 AM EST
Concordia Maritime’s new App is a shortcut to information about our share price, financial performance, our fleet and much more.
“We always strive to make it easy for our stakeholders to follow us. We put a lot of effort into explaining what we do and how we do it. With our new App we make it even easier to access the information”, says Göran Hermansson, CFO.

Download the App free of charge to your...

Delivery of Stena Premium

6/13/2011 10:36 AM EST
Concordia Maritime has taken delivery of the product tanker Stena Premium, which will soon enter into a 3-year charter contract with Glencore subsidiary ST Shipping.
The Stena Premium is the tenth and last P-MAX tanker in the so-called P-MAX series ordered from the Croatian shipyard Brodosplit.
The tankers in the P-MAX series have all been signed to charters of between three and ten years from delivery.
The...

Notice from the Annual General Meeting of Concordia Maritime AB (publ) held on 2...

4/29/2011 7:23 AM EST
At the Annual General Meeting of Concordia Maritime AB held on 28 April, 2011, Dan Sten Olsson was re-elected as Chairman of the Board together with Stefan Brocker, Bert Åke Eriksson, C. Mikael von Mentzer (Vice Chairman), Morten Chr. Mo and Mats Jansson, who were also re-elected as board members, in accordance with the proposal presented by the nomination committee.

Concordia Maritime AB (publ) Interim Report 1 January – 31 March 2011

4/28/2011 9:00 AM EST
Q1 Net turnover MSEK 159,0 Result after tax MSEK 20,9 Result per share SEK 0,44 EBITDA MUSD 8,9 Available liquid funds1) MSEK 713,2 1) Including unutilised credit facilities Contact Hans Norén, President, +46 704 855101 Göran Hermansson, CFO, +46 704 855046

Concordia Maritime AB (publ) publishes the Annual Report for 2010 on the Web

4/19/2011 7:35 AM EST
Concordia Maritime announced today that the company's complete English Annual Report for 2010 is published on http://www.concordiamaritime.com.
Concordia Maritime’s Annual General Meeting will be held on 28 April 2011 at 2 PM at Lorensbergsteatern in Gothenburg. Gothenburg 19 April, 2011

Notice of Annual General Meeting of Concordia Maritime AB (publ), 556068-5819

3/21/2011 10:15 AM EST
In accordance with NASDAQ OMX Stockholm's regulations, Concordia hereby publish the contents of the notice.
The Annual General Meeting will be held on 28 April at 14:00 at Lorensbergsteatern in Gothenburg.
Notice in its entirety is available on www.concordiamaritime.com   (http://www.concordiamaritime.com) and attached to this press...

Concordia Maritime

Concordia Maritime is an international shipping company. Our focus is on the cost-efficient and safe transportation of refined petroleum products such as gasoline, diesel fuel and aviation fuel. The series B-share has be...

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