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2010

 

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Concordia Maritime finances Suezmax

11/2/2010 8:45 AM EST
Concordia Maritime has now secured financing for the newly ordered Suezmax tanker Stena Supreme. The vessel, which will be built by the South Korean shipyard Samsung, is set for delivery in Q2, 2012. The financing, which will be jointly provided by the banks SEB and DnB NOR, amounts to approx. 70% of the investment and has a currency of seven years.
“In our view, the timing of the financing of this vessel is...

Interim report 1 January - 30 September 2010

10/27/2010 8:00 AM EST
Net turnover, SEK million 367.9 (488.1) Result after tax SEK million  61.5 (-111.3) Result per share SEK 1.29 (-2.33)

Interim Report 1 January - 30 June 2010

8/18/2010 2:00 AM EST
Net turnover, SEK 132.7 million (162.5) Result after tax, SEK 20.9 million (23.5) Result per share after tax, SEK 0.44 (0.49)

Press information from the Annual General Meeting at Concordia Maritime AB (publ...

4/29/2010 4:54 AM EST
At the Annual General Meeting of Concordia Maritime AB April 27, 2010 was re-elected Dan Sten Olsson, Chairman of the Board and other board members re-elected were Stefan Brocker, Bert Ake Eriksson, C. Mikael von Mentzer (Vice Chairman), Morten Chr. Mo and Mats Jansson as the proposal submitted by the nominating committee.
The meeting agreed on a total fee of SEK 1.7 million to the elected board members (SEK...

INTERIM REPORT 1 JANUARY-31 MARCH 2010

4/27/2010 8:50 AM EST
* Net turnover: SEK 107.3 (178.3) million
* Result after tax SEK 22.9 (0.4) million
* Result per share after tax: SEK 0.48 (0.01)
* EBITDA of USD 7.1 (5.9) million
* Available liquid funds (including unutilised credit facilities) SEK 672.8 (712.5) million
* Forecast for 2010: A result before tax of USD 9.5 million (approx. SEK 70.0 million)

* Order of new Suezmax tanker
* Naming and delivery of Stena Polaris
*...

TELECONFERENCE INVITATION

4/26/2010 3:58 AM EST
Concordia Maritime invites you to a teleconference on 28 April, 2010, 10:00 CEST.
The Interim Report for Q1 2010 (published 27 April 2010)
will be presented and questions answered.

Attending:
Hans Norén, President
Göran Hermansson, CFO
Phone: +44 (0)20 7162 0077 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

Recorded conference is available until 5 May 2010.
Phone +44 (0)20 7031 4064
+46...

Concordia Maritime orders Suezmax tanker at Samsung

3/22/2010 3:00 AM EST
Concordia Maritime has placed an order with Samsung Heavy Industries in South Korea for a Suezmax tanker for delivery in the second quarter of 2012. The investment amounts to just under SEK 500 million and the intention is to employ the vessel in the open market via the Stena Sonangol Suezmax Pool.
The tanker ordered, the Stena Supreme, is part of a series of six units. A project developed by Stena Bulk and...

Naming and delivery of Stena Polaris

3/2/2010 8:59 AM EST
Last week, Concordia Maritime took delivery of the product tanker Stena Polaris from Brodosplit Shipyard in Croatia and at the same time a naming ceremony was held. The vessel has been signed to a 3-year charter with ST Shipping, part of Glencore, for the transport of refined petroleum products.
The Stena Polaris is the eighth unit in the so-called P-MAX series and the first of two P-MAX tankers with the...

Final Accounts 1 Jan – 31 Dec 2009

2/23/2010 8:45 AM EST
• Net turnover: SEK 599.3 (560.0) million • Result after tax SEK –81.1 (95.8) million including non-recurring items of SEK –174.3 million • Result per share after tax: SEK –1.70 (2.01) • EBITDA of USD 21.0 (24.7) million • Available liquid funds (including unutilised credit facilities) SEK 536.0 (507.5) million • Proposed dividend: SEK 1.00 (1.00) per share • Forecast for 2010: A profit before tax of USD 9.5 million...

TELECONFERENCE INVITATION

2/22/2010 6:15 AM EST
Concordia Maritime invites you to a teleconference on 24 February, 2010, 10:00 CET.
The Financial Statement for the full year (published 23 February 2010)
will be presented and questions answered.

Attending:
Hans Norén, President
Göran Hermansson, Financial Manager
Phone: +44 (0)20 7162 0077 or
+46 (0)8 5052 0110
Conference title: Concordia Maritime

Recorded conference is available until 3 March...

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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