Concordia Maritime Agrees Several Charter Contracts

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Concordia Maritime has agreed charter deals for Medium Range ECO vessels, as a part of fleet positioning ahead of the progressively stronger market that is expected, while also extending the contracts for two of the currently chartered MR (ECO) vessels by a further year.

Furthermore, the shipowner signed a contract to charter out the P-MAX tanker Stena Performance, which will be used primarily for niche traffic in the Middle East. Concordia Maritime said that the contractual partner is a large global oil company, without revealing any further details.

The latest contracts are joint charters with Stena Bulk, and Concordia Maritime’s share amounts to 50 percent. The vessels will be operated by the MR pool within Stena Bulk Product & Chemicals, formerly Stena Weco.

The contract for Stena Performance is for six months, with an option for a further six months, and runs from January 2018.

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