Concordia Maritime interimreport
8/20/1998 6:53 PM EST
OUR POSITION
INTERIM REPORT CONCORDIA MARITIME AB (publ) 1.1 - 30.6 1998
Sharp profit increase for Concordia
Profit from ship operation rose to MSEK 78.7 (41.7)
Freight rates for Concordia's VLCCs were USD 27,700 (23,100) per day and USD
36,200 (27,600) for its ULCCs
The forecast full-year profit has been raised from MSEK 100 to 130
1,000 safe voyages have been carried out by the Concordia Class VLCCs
Continued good ship operation with low costs and high quality
The full report is now available at http://www.bit.se/