Concordia Maritime sells Stena Penguin

Concordia Maritime says it is selling product tanker vessel Stena Penguin to a European buyer.

The sale is expected to result in a positive liquidity effect of approximately Skr215M (US$20.1M). Delivery of the vessel is expected in the second quarter of 2023.

Stena Penguin – built in 2010 with a capacity of 65,200 dwt – has been on a five-year charter, including profit-sharing, to Stena Bulk since 2021.