Releases - Concordia Maritime

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2006

 

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Stena Poseidon and Palva named in Split

11/16/2006 9:00 AM EST
The product tankers Stena Poseidon and Palva, which are jointly owned by Concordia Maritime and Neste Oil on a 50-50 basis, will be named today. The double naming ceremony will be held at Brodosplit Shipyard in Split. The two vessels are so-called Panamax tankers, i.e. they are designed to be able to pass through the narrow passages in the Panama Canal’s locks. In addition, they have been built to Ice Class 1 A...

INTERIM REPORT CONCORDIA MARITIME AB (publ)

10/19/2006 7:00 AM EST
1 January – 30 September 2006
􀂄 Result after tax SEK 48.0 (35.5) million, including a result of SEK 0.0 (53.3) million on
the sale of ships and exchange rate differences of SEK 4.3 (-48.5) million

􀂄 Result per share after tax: SEK 1.01 (0.74)

􀂄 Net sales: SEK 256.4 (246.8) million

􀂄 Forecast for 2006: SEK 75 million before tax corresponding SEK 1.56 per share,
i.e. unchanged

􀂄 In September...

TELECONFERENCE INVITATION

10/17/2006 10:49 AM EST
Concordia Maritime invites you to a teleconference on 19 October, 2006, 14.00 CET
The Interim Report for Q3, 2006, will be presented and questions answered.

Attending:
Hans Norén, President, Concordia Maritime AB (publ)
Göran Hermansson, Financial Manager, Concordia Maritime AB (publ)

Phone: +44 (0)20 7162 0025 or
+47 2156 3120 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

For a...

Concordia Maritime invests in two more P-MAX tankers (65,200 deadweight tons)

9/29/2006 9:15 AM EST
Concordia Maritime has exercised existing options and placed an order with the Brodosplit shipyard in Croatia for a further two vessels in the P-MAX series, thus extending the series to ten units. Concordia Maritime has invested a total of more than SEK 3.5 billion in its new fleet, which currently consists of ten P-MAX tankers and two Panamax tankers. The two vessels now ordered are expected to be delivered in 2010.

INTERIM REPORT FOR CONCORDIA MARITIME AB (PUBL) 1 JANUARY - 30 JUNE 2006

8/10/2006 6:55 AM EST
* Profit after tax SEK 18.7 (27.9) million, including a profit of SEK 0.0 (51.5) million on the sale of ships and exchange rate differences of SEK 4.4 (-46.2) million
* Profit per share after tax: SEK 0.39 (0.58)
* Net sales: SEK 153.3 (185.3) million
* Forecast for 2006: SEK 75 million before tax corresponding to SEK 1.58 per share, i.e. unchanged
* Stena Primorsk and Stena Performance delivered during second...

Concordia Maritime sponsors World Cup Sailing in Lysekil Women’s Match

7/13/2006 9:49 AM EST
The world’s best will participate in Sweden’s largest match racing event with Preem Petroleum as host and Concordia Maritime together with Stena Bulk as main sponsors. The Preem Lysekil Women’s Match for the Stena Bulk Trophy will be inaugurated on 1 August and the races will take place on 2-6 August.
“After last year’s victory in the trimaran sail racing competition Nokia Oops Cup, Concordia Maritime has once...

Delivery Stena Performance

6/29/2006 8:57 AM EST
Today Concordia Maritime took delivery of Stena Performance, the forth vessel in the P-MAX series of total eight vessels. The vessel is as previously announced chartered for five years to the American oil company Amerada Hess Corporation.

Concordia Maritime signs charter contracts with Lukoil

6/28/2006 3:51 AM EST
Concordia Maritime has today signed two-year timecharter contracts for the V-MAX vessels Stena Vision and Stena Victory with Litasco, a subsidiary of the Russian oil company Lukoil.
The new time charters will commence immediately upon expiration of the current charter contracts with the American oil company Sunoco at the end of 2007.
The vessels are chartered in from Arlington Tankers Ltd until the end of...

Tanker of the future named in centre of Stockholm

6/8/2006 4:00 AM EST
Concordia Maritime’s Swedish-flagged product tanker Stena Primorsk, the third P-MAX tankers in a series of eight, will be named on 9 June. The total investment for the eight vessels amounts to SEK 2.4 billion. Transport economy, flexibility and further raising the safety level have guided the development work involving the P-MAX concept. The Stena Primorsk will transport mainly refined petroleum products on the...

Embracing Green Passports

6/6/2006 10:35 AM EST
Athens: Green Passports and inventories, which document all the hazardous materials on board a ship, are in the process of becoming established concepts in the maritime industry. Several shipowners, such as Stena and Concordia Maritime are now choosing to be at the forefront of future requirements. Their intention is to achieve safe operation and take the ship recycling perspective seriously, as regards both...

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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