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Concordia Orders 2 Tankers

Concordia Maritime's and Brodosplit shipyard's boards have issued final approval of the newbuilding contract for vessels number seven and eight in Concordia Maritimes P-MAX-series. Estimated time for delivery is the 4th quarter 2009.

Concordia, Neste Sell Jointly Owned Tankers

Photo: Concordia Maritime

Concordia Maritime and Finnish Neste Oil have reached an agreement on the sale of the two jointly owned Ice Class 1A panamax tankers, Stena Poseidon and Palva. The buyer is Transport Maritime St-Laurent Inc. and the tankers are expected to be delivered in April/May 2014. Stena Poseidon and Palva are panamax tankers with a deadweight of 75,000 tons and were delivered from Brodosplit Shipyard in Split in 2007. They are jointly owned by Concordia Maritime and Neste Oil

Stena Performance Christened

Klas Eskilsson, head of Stena Bulk welcomed Hans Noren, President of Concordia Maritime, Kim Ullman, Executive Vice President and COO of Stena Bulk, along with other Stena executives and local dignitaries to the christening ceremony for Concordia Maritime’s new P-Max product tanker the Stena Performance. Mary Uhles, wife of Captain Douglas Uhles of Hess Corporation, has agreed to act as sponsor for Stena Performance. The vessel is on a five-year charter to Hess Corporation.

Costa Concordia – USCG Assists Investigation

Photo credit: Wikipedia CCL Rvongher

U.S. Coast Guard is helping Italian authorities investigate the Costa Concordia disaster.   Vice Admiral Brian Salerno told a House Committee the USCG is also on guard against safety violations on foreign flagged vessels that use U.S. ports. Salerno said after the Costa Concordia incident, the Coast Guard immediately offered technical expertise and support to the Government of Italy's marine casualty investigation

Samsung Deliver Suezmax Tanker to Concordia Maritime

Suezmax tanker 'Stena Supreme'  delivered to Sweden's Concordia Shipping by Samsung Heavy Industries of Geoje, South Korea The Stena Supreme is a crude oil tanker and with a length of 274 m, largest vessel in Concordia Maritime’s fleet. The vessel, represents an investment of around SEK 500 million, will be employed in the open market via the Stena Sonangol Suezmax Pool. With the delivery, Concordia Maritime’s fleet consists of one crude oil tanker

IMO Sec-Gen Urges Concordia Enquiry to Reach Conclusion

In his opening address to the IMO's Maritime Safety Committee's 91st Session Mr. Koji Sekimizu pushes for publication of Costa Concordia accident report. An extract of the Secretary-General's remarks on the Costa Concordia issue follow: "As the loss of the Costa Concordia amply demonstrated, those affected are quick to call for action. The international nature of the passengers and crew – with some 70 nationalities involved in the Costa Concordia incident –

Concordia Maritime Stena Paris

Concordia Maritime took delivery of the MR tanker Stena Paris built at Brodosplit Shipyard in Split, Croatia. Stena Paris is the first P-MAX tanker in a series of six vessels built at Brodosplit Shipyard. Stena Paris is on a five year charter to the French oil company TOTAL.

Concordia and Stena Bulk Awarded Environmental Diploma

At World Shipping Day in Gothenburg, Concordia Maritime and Stena Bulk will be awarded Sjöfartsforum’s Environmental Diploma for Stena’s in-house developed MAX vessels. The prize will be handed over at a ceremony at the Concert Hall. The jury for the award says, “Innovative thinking and responsibility characterize Stena Bulk/Concordia Maritime. They have been awarded Sjöfartsforum’s Environmental Diploma in 2006 for the development and construction of the P-MAX tankers

Concordia Maritime Signs Agreement with TOTAL

Concordia Maritime and the French oil and energy company TOTAL signed an agreement today covering charters totalling nine years for three different P-MAX tankers. The agreement is for a 5-year time charter of the Stena Progress, which will be delivered from Brodosplit Shipyard at the end of 2009 as well as 2-year extensions of the existing charters of the sister ships Stena Paris and Stena Provence, whose current 5-year charters expire in 2010 and 2011, respectively.

Novacavi Cables Used for Concordia Wreck Removal

Novacavi reported a second supply of marine cables used in the Costa Concordia shipwrecking salvage operation off the shore of the island of Giglio, Italy. As the first delivery successfully performed during the parbuckling phase, Novacavi was called in again to provide high tech custom tailored cables for the positioning and survey systems in use in the progressing operation of Concordia wreck removal. Individually designed

Stolt-Nielsen Buys Stake in Sardinian LNG Project

Stolt-Nielsen Limited announced today that its subsidiary, Stolt-Nielsen Gas B.V., has purchased 10 percent of the shares in HIGAS S.r.L., with an option to acquire up to 80 percent of the company.   HIGAS is a joint venture between Gas and Heat S.p.A. and CPL Concordia Soc

Concordia Posts Strong Q3

Stena Bulk. Photo by Concordia Maritime AB

 Good positions in a market that exceeded expectations gave Concordia Maritime part of Sweden’s Stena Group, a very strong ­quarter for the season.   It recorded after-tax income of SKr52.4M ($6m) for the third quarter, a dramatic turn from a SKr27m loss the same period a

Stena Bulk Orders Tankers from China

Photo courtsy of Stena Bulk

Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou.   It has also taken out an option on a further two vessels

Concordia Maritime Charters MR Tanker

Concordia Maritime has signed a contract for the charter of an IMO2/3 class MR tanker, the company announced today. The vessel will be chartered jointly with Stena Weco, and Concordia Maritime's share amounts to 50 percent. The contract, which comes into effect at the end of November 2015

Costa Cruises Seeks to Reassure Italy over Job Loss Fears

Photo: Costa Cruises

A unit of one of the world's biggest cruise operators sought to reassure Italy on Friday that plans to transfer some of its operations to Germany did not mean it would move abroad.   Costa Cruises, part of Carnival Corp, is based in the northern Italian port of Genoa

Concordia Maritime Boosts Suezmax Market Presence

Stena Supreme, a Suexmax vessel owned by Concordia Maritime and employed on the spot market via Stena Sonangol Suezmax Pool controlled by Stena Bulk and the Angolan state oil company Sonangol (Photo courtesy of Concordia Maritime)

International tanker shipping company Concordia Maritime has signed an agreement to charter 50 percent of a vessel in the Suezmax crude oil segment for a period of one year from August 2015, with an option for an additional year.  

The Bigger the Ship, the Riskier

Image: Allianz Global Corporate & Specialty

 Container ship safety is under the spotlight with ever-increasing ship sizes, as evidenced by the January 2015 inauguration of the world’s largest container ship, the MSC Oscar (19,224 teu).    The length of four football pitches, it can carry 19,000 containers

Carnival Sails to Profit

Image:  Carnival Corporation & plc

 The world's largest cruise company Miami-based Carnival Corp reported a net profit of $49 million, or 6 cents per share in the first quarter ended Feb. 28.   That compared with a loss of $20 million, or 3 cents per share, in the 2014 quarter

Costa Concordia Used For Mafia Drug Smuggling

Image:  Costa Concordia cruise ship

 The doomed Costa Concordia was carrying a huge shipment of Mafia-owned cocaine when it set off on its final voyage, AP reports quoting investigators who have collected evidence.   Authorities have collected phone and tape recordings that show the ‘Ndrangheta Calabrian criminal

ISU Honors Costa Concordia Salvors

Photo courtesy of TITAN Salvage

Crowley Maritime Corp.’s Houston-based subsidiary TITAN Salvage and Italian engineering partner Micoperi were honored with the International Salvage Union (ISU) Meritorious Service Award during the organization’s Associate Members’ Day Conference in London

Next Gen Tankers Delivered to Concordia Maritime

Stena Image (Photo courtesy of Concordia Maritime)

Concordia Maritime takes delivery of the next generation of chemical and product tankers   Concordia Maritime’s first chemical and product tanker based on the IMOIIMAX concept, the Stena Image, was delivered from the Chinese shipyard GSI (Guangzhou Shipbuilding International) in

Kansas Shipping Hub Announce Finalists

Photo: Kansas Department of Transportation

 Seven finalists have been selected for the site of a proposed Kansas transload shipping center.   The Kansas Department of Transportation/Kansas Turnpike Authority Transload Facility Site Analysis team selected the finalists from the 111 proposals submitted for consideration

New Tanker Stena Imperial Named in Savannah

Erik Hånell, President and CEO Stena Bulk with wife Katarina Hånell; captain Vinay Singh; godmother Kari McCormick and Doug McCormick, Commercial Regional Manager, Chevron in Houston; Kristina Hagman and Carl-Johan Hagman, CEO Stena Shipping, Drilling & Ferries (Photo: Kristofer Hultén)

A new 50,000 DWT MR chemical and product tanker based on the IMOIIMAX concept, Stena Imperial, was named yesterday in Savannah, Ga.   Built by Chinese shipyard Guangzhou Shipbuilding International (GSI) and delivered on July 1, Stena Imperial recently arrived in Savannah on the U.S

Concordia Maritime Renews P-MAX Vessels Contract

Stena Polaris (Photo: Concordia Maritime)

International tanker shipping company Concordia Maritime said it has renewed a contract with an international oil and gas company for 12 months for two vessels. The contract also includes an additional vessel for six months. The renewed contract relates to three P-MAX vessels: 2005-built Stena

Chemical/Product Tanker Delivered to Concordia Maritime

Photo: Concordia Maritime

A 50,000 dwt IMOIIMAX MR tanker, Stena Important, was delivered to Concordia Maritime October 15, from the Chinese shipyard Guangzhou Shipbuilding International (GSI) in Guangzhou. The vessel is part of a series of 10 vessels, two of which are owned by Concordia Maritime.

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