Delivery of P-Max Stena Progress from Brodosplit

Friday, September 25, 2009

On Sept. 23 Concordia Maritime took delivery of the product tanker Stena Progress from Brodosplit Shipyard, Croatia. The vessel has been signed to a five-year time charter with the French oil and energy company Total to transport refined products.

The Stena Progress, a so-called P-Max tanker, is the seventh in a series of ten units ordered. She was named on Sept. 3 at Brodosplit.

The sister vessels Stena Paris, Stena Provence and Stena Perros are all on long time charters to Total. In all, Total has four of ten P-Max tankers on time charters with a remaining charter period of 14 years as of Sept. 24.

The P-Max tankers are 600.4 ft long, have a breadth of 131.2 ft, a draft (design) of 37 ft, and a deadweight of 65,200 tons.


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