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 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
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.
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
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
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 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.
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 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 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
The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court. Both Francesco Schettino, who was commanding the ship when it hit rocks off the Tuscan island of Giglio, killing 32 people
Newly built chemical and product tanker Stenaweco Impulse was named by H.R.H. Crown Princess Mary of Denmark, whobroke a bottle of champagne against the tanker’s bow and wished the vessel, her captain and his crew fortune and prosperity.
Chinese shipyard GSI (Guangzhou Shipbuilding International) has delivered the newly built MR tanker Stena Imagination to 50-50 joint owners Stena Bulk and Indonesian Golden Agri Resources (GAR). She will be operated by Stena Weco and sail in the company’s global logistics system
Facing a “gradually deteriorating market,” Sweden based tanker shipping company Concordia Maritime said it was able to post a profit in Q2 2016 based on high vessel employment and successful chartering, though still coming in under its Q2 2015 results largely due to an arbitration
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.
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
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 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 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
Concordia Maritime announced it has chartered out a P-MAX tanker to a Chinese shipping company for two years, effective in late January or early February 2016. Kim Ullman, CEO of Concordia Maritime, said, “We are now taking advantage of the strong market and chartering out one of
Concordia Maritime signed a contract to charter out another P-MAX tanker. The contract, which comes into effect at the beginning of February 2016, is for one year with an option for a further year. The contract partner is a UK shipping company.
Sloane to oversee operations in Europe, the Middle East and Africa as Resolve Marine Group expands global response presence Senior Salvage Master Nick Sloane has joined the senior management team at Resolve Marine Group., aiming to help guide the global growth of the marine services
Concordia Maritime has signed a contract to charter out another P-MAX tanker, Stena Progress. The contract, which comes into effect in April 2016, is for three years. Contract partner is a national oil company. “We are continuing to take advantage of the market momentum by
Concordia Maritime has signed a new consecutive voyage contract for the P-MAX tanker Stena Polaris. The contract, which comes into effect in May 2016, is for one year. The contractual partner is one of the world’s largest oil and gas companies.
Concordia Maritime entered into a settlement agreement regarding a dispute associated with Stena Primorsk’s grounding in the Hudson River in December 2012. According to the settlement agreement, Concordia Maritime will pay $9.25 million to the counterparty.