Releases - Concordia Maritime

Concordia has now exercised its option at Brodosplit Shipyard in Split, Croatia, to
order a further two Stena P-MAX product tankers at a predetermined price.
This means that Concordia now has six vessels on order at the shipyard for delivery in
2005-2006.
Superior economy, safety and environmental friendliness
The vessels, called Stena P-MAX, are conceptually similar to the two V-MAX tankers
utilised by Concordia to...

OUR POSITION

INTERIM REPORT FOR CONCORDIA MARITIME AB (publ)
1.1 - 30.9 2003

· Result after financial net SEK 35.0 (-124.8) million - SEK 0.88
(-2.68) per share

· Cash flow from operations SEK 213.0 (-9.0) million

· Forecast for full year after financial net: SEK 25 million (SEK
...

INTERIM REPORT FOR CONCORDIA MARITIME AB (publ)
1 JANUARY-30 JUNE, 2003

* Result after financial net SEK 60.8 (-86.0) million - SEK 1.43 (-1.83)
per share
* A strong market at the beginning of the year weakened towards the end of
the period
* Continued safe and cost-efficient ship operation
* Operations are expected to generate a small loss during the second half
...

INFORMATION FROM CONCORDIA MARITIME AB (publ)

Six months result
The result before sale of vessels for the first six months of 2003 is
approx. SEK million 70. This is SEK million 30 lower than estimated in
forecast.
For some periods during the second quarter the market has been weak. In
combination with the increased difficulties to find employment for older
tonnage, this has...

CONCORDIA MARITIME EXTENDS "THE STENA MAX" CONCEPT

Four P-MAX new building contracts confirmed

Concordia Maritime, a tanker company within the Stena Group, today
reports that it has confirmed orders for four option two P-MAX medium
range (MR) products carriers to be built at the Brodosplit Shipyard in
Croatia.

These orders follow the Stena MAX concept developed by the...

INFORMATION FROM CONCORDIA MARITIME AB (publ)

The last of the two ULCCs, which were sold by Concordia Maritime with
seller credit, has been sold to a third party by the buyer, Oceanic
Trans Shipping, which will thus repay the seller credit for this vessel
to Concordia.

Concordia Maritime's result and forecast will only be marginally

INFORMATION FROM CONCORDIA MARITIME AB (publ)

One of the ULCCs sold by Concordia Maritime with seller credit has now
been sold to a third party by the buyer, Oceanic Trans Shipping, which
will thus repay the seller credit to Concordia.

Concordia Maritime's result and forecast will only be marginally
affected by the transaction while cash flow will be positively affected,
SEK...

INTERIM REPORT FOR CONCORDIA MARITIME AB (publ)
1 JANUARY - 31 MARCH, 2003

· Result after financial net SEK 68.1 (-46.5) million, SEK 1.41
(-0.99) per share

· Strong freight market in first quarter

· Continued safe and cost-efficient ship operation

· Healthy underlying demand for large-tanker transportation - but
uncertainty concerning Iraq situation...

Concordia Maritime is an international large-tanker shipping company,
which owns two new 314,000 dwt VLCCs delivered in 2001 and four VLCCs of
about 270,000 dwt built in the mid-1970s. The new vessels, Stena V-MAX,
in addition to having mandatory double hulls, were built according to a
completely new tanker concept for safer oil transportation with double
main engines in two completely...