Releases - Concordia Maritime

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2005

 

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Delivery of Stena Paris

Today Concordia Maritime took delivery of the MR tanker Stena Paris built at Brodosplit Shipyard in Split, Croatia. Stena Paris is the first P-MAX tanker in a series of six vessels built at Brodosplit Shipyard. Stena Paris is on a five year charter to the French oil company TOTAL.

SEK 1.9 billion investment program. Premiere for the ship of the future: P-MAX.

Today, Concordia Maritime will hold the Naming Ceremony for Stena Paris, its first P-MAX tanker, in a series of six. The total investment for the six vessels amounts to SEK 1.9 billion. The P-MAX is a large step in the implementation of the new strategy for realising the company’s objectives.
“This is more than a ceremony for naming a ship. With the P-MAX, we are implementing our new strategy, a shift in focus...

Nomination Committee for Concordia Maritime's Annual General Meeting 2006

At the Annual General Meeting of 2005 the proposal of a nomination committee passed. The committee will draw up a proposal to be presented at the Annual General Meeting in 2006 for the election of the Board of Directors as well as: • A proposal for the election of the Chairman for the meeting • A proposal for the election of the Chairman of the Board • A proposal for the directors’ fees specified for the...

INTERIM REPORT FOR CONCORDIA MARITIME AB (publ) 1 January – 30 September, 2005

- Profit after tax SEK 35.5 (114.0) million, including a profit of SEK 53.3 (44.8) million on the sale of ships and exchange rate differences of SEK -48.5 (0) million
- Profit per share after tax: SEK 0.74 (2.39)
- Net sales: SEK 246.8 (352.8) million
- Equity: SEK 1,740.7 million corresponding to SEK 36.47 per share, an increase of SEK 2.60 per share since 31-12-2004
- Forecast for 2005: SEK 100 million before...

INTERIM REPORT FOR CONCORDIA MARITIME AB (publ) 1 January - 30 June 2005

• Profit after tax SEK 27.8 (100.2) million, including sale of ships of SEK 51.5 (44.7) million and exchange rate differences of SEK -46.2 (0) million • Profit per share after tax: SEK 0.58 (2.10) • Net sales: SEK 185.3 (269.9) million • Equity: SEK 1,721 million corresponding to SEK 36.06 per share, an increase of SEK 2.19 per share year end 2004 • Forecast for 2005: SEK 100 million before tax and exchange...

Concordia signs a five-year time charter agreement for a P-MAX tanker with the A...

Concordia Maritime has entered a five-year time charter agreement for a P-MAX tanker with the US oil company Amerada Hess Corporation. The charter rate will be USD 23,000 per day.

The vessel, which is expected to be delivered around mid-2006, will mainly run between the Caribbean and US East Coast.

Amerada Hess Corporation is a global integrated energy company engaged in the exploration for and the production of...

Interim Report for Concordia Maritime AB (publ) 1 January -31 March 2005

* Net sales: SEK 70.6 (139.0) million * Profit after tax SEK 27.0 (44.3) million, including sale of ships of SEK 47.4 (0) million and exchange rate differences of SEK -26.0 (0) million * Profit per share after tax: SEK 0.57 (0.93) * New forecast for 2005: SEK 70 million including exchange rate differences of SEK -26 million (previous forecast: SEK 100 million) corresponding to SEK 1.47 per share (previous...

Ice tonnage with competent crews for the Baltic Sea. Sovcomflot, Moscow and Sten...

Being concerned with the long-term supply of qualified officers and crews for operating in ice conditions and to secure both companies’ future supply of well educated officers and crews, Sovcomflot and Stena today signed a Crew Education and Cooperation Agreement.

Sovcomflot and Stena have jointly agreed to sponsor the Admiral Makarov State Maritime Academy in St. Petersburg in order to secure a steady supply of...

New Financial Manager to Concordia Maritime AB

Göran Hermansson is employed as Financial Manager in Concordia Maritime AB. Göran joins July 1, 2005.
Göran graduated in International Accounting from »Gothenburg University« in 1999 and joined shortly after »Ranby Revisorer« as audit assistant. In 2001 he joined »Stena Rederi AB« as controller, mainly with shipping and tax issues. Gothenburg April 8, 2005 CONCORDIA MARITIME AB (publ)

Notification Annual General Meeting Concordia

Notice is hereby given that the Annual General Meeting of the members of Concordia Maritime AB (publ) will be held on
Tuesday, 26 April, at 2.00 p.m.
at Lorensbergsteatern in Göteborg, Sweden
(in the park between Södra Vägen, Berzeliigatan and Kungsportsavenyn)
Agenda in accordance with the articles of association

1 Election of a chairman for the meeting
2 Drawing up and approval of the list of voters
3...

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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