Invitation to presentation of Q1 2023
GÖTEBORG, Sweden, April 21, 2023 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on4 May 2023 at 16.00 CEST. The session will feature a presentation of the Q1 2023 interim report and a Q&A session. If you wish to participate via webcast, please use the link below....
Concordia Maritime AB (publ) releases the Annual Report for 2022
Concordia Maritime's Annual Report for 2022 in Swedish is now available at www.concordiamaritime.com. GOTHENBURG, Sweden, April 13, 2023 /PRNewswire/ -- The full Annual Report, which also includes Concordia Maritime's Sustainability Report, is available to download as a PDF document. The English...
New market update: April 2023
GOTHENBURG, Sweden, April 4, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the d...
Notice to the Annual General Meeting of Concordia Maritime AB (publ)
GOTHENBURG, Sweden, March 28, 2023 /PRNewswire/ -- The shareholders of Concordia Maritime AB (publ), 556068-5819, are hereby invited to the Annual General Meeting to be held on Thursday, 4 May 2023 at1.00 p.m. CEST at Elite Park Avenue Hotel,Gothenburg. Registration for the Annual General Meeting...
New market update: March 2023
GOTHENBURG, Sweden, March 6, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the d...
Concordia Maritime: Year-End Report, 1 January-31 December 2022
Successful sales strengthen results GOTHENBURG, Sweden, Feb. 9, 2023 /PRNewswire/ -- Total income Q4: SEK 263.0 (151.2) million Full year: SEK 686.1 (704.8) million EBITDA Q4: SEK 203.7 (36.6) million Full year: SEK 374.1 (-82.6) million Result before tax Q4: SEK 142.8 (-308.2) million Full yea...
New market update: February 2023
Concordia Maritime has published a new market update GOTHENBURG, Sweden, Feb. 3, 2023 /PRNewswire/ -- The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the de...
Invitation to presentation of Q4 2022
GOTHENBURG, Sweden, Jan. 30, 2023 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on9 February 2023 at 10.00 CET. The session will feature a presentation of the Q4 2022 interim report and a Q&A session. If you wish to participate via webcast, please use the link b...
New market update: January 2023
GÖTEBORG, Sweden, Jan. 5, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available here. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global p...
New market update: December 2022
GOTHENBURG, Sweden, Dec. 8, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the de...
Delivery of sold vessel and continued review of the fleet
GOTHENBURG, Sweden, Dec. 2, 2022 /PRNewswire/ -- Yesterday, the sold product tanker Stena Primorsk was delivered to its new owner. The other two recently sold vessels are expected to be delivered at the end of 2022 and the beginning of 2023, respectively. After the sale of the three vessels, Sten...
Concordia Maritime: Interim report, 1 January-30 September 2022
Successful vessel sales GOTHENBURG, Sweden, Nov. 11, 2022 /PRNewswire/ -- Total income Q3: SEK 118.2 (165.6) million 9 months: SEK 423.1 (553.6) million EBITDA Q3: SEK 38.0 (-56.8) million 9 months: SEK 170.4 (-119.1) million Result before tax Q3: SEK -22.8 (-141.4) million 9 months: SEK -16.7 (...
Concordia Maritime - New market update: November 2022
GOTHENBORG, Sweden, Nov. 3, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both rates, ship values and the developme...
Invitation to presentation of Q3 2022
GÖTEBORG, Sweden, Nov. 2, 2022 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on11th November 2022 at 11.00 CET. The session will feature a presentation of the Q3 2022 interim report and a Q&A session. Presiding: Erik Lewenhaupt, CEO Martin Nerfeldt, CFO The...
Concordia Maritime's New market update: October 2022
* Historically firm crude- and product tanker rates * Firm vessel values * Low newbuilding ordering GOTHENBURG, Sweden, Oct. 7, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available atwww.concordiamaritime.com. In addition to commentary from CEO E...
Sale of three P-MAX vessels
GOTHENBURG, Sweden, Sept. 16, 2022 /PRNewswire/ -- In a strong tonnage market, Concordia Maritime has entered into an agreement for the sale of the three product tankers, Stena Primorsk, Stena Performance andStena Provence, all built in 2006 and of 65,200 dwt. The sale is expected to have a posit...
Concordia Maritime: Interim report, 1 January-30 June 2022
GOTHENBURG, Sweden, Aug. 17, 2022 /PRNewswire/ -- Positive result and stronger market outlook * Total income Q2: SEK 180.8 (208.4) million HY1: SEK 304.9 (388.0) million * EBITDA Q2: SEK 102.7 (-16.7) million HY1: SEK 132.4 (-62.4) million * Result before tax Q2: SEK 36.5 (-88.4) million HY...
Invitation to presentation of Q2 2022
GÖTEBORG, Sweden, Aug. 9, 2022 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on17 August 2022 at 15.00 CEST. The session will feature a presentation of the Q2 2022 interim report and a Q&A session. Presiding: Erik Lewenhaupt, CEO Martin Nerfeldt, CFO The aud...
Sale of the P-MAX vessel Stena Paris
GÖTEBORG, Sweden, July 6, 2022 /PRNewswire/ -- Concordia Maritime has entered into an agreement for the sale of the product tanker Stena Paris (65,000 dwt, built in 2005). The buyer is based inGreece and delivery is expected to take place at the end ofJuly 2022. The sale is expected to have a po...
Market update: Strong tanker market due to sanctions and high demand for oil - Concordia Maritime
GÖTEBORG, Sweden, June 6, 2022 /PRNewswire/ -- The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and the full year 2021. At the end of May, average spot market earnings for an MR vessel (clean) was about$36...