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Concordia Maritime exercises purchase options and sells IMOIIMAX vessels

"The sale of the vessels is in line with the continuing ambition to strengthen the Company's financial position and liquidity", says Kim Ullman, CEO of Concordia Maritime. "The sale of the vessels is in line with the continuing ambition to strengthen the Company's financial position and liquidity",  saysKim Ullman, CEO of Concordia Maritime. Delivery of the vessels to the buyer is expected to take place duringSeptember 2021. Following the divestments, Concordia Maritime's fleet...
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 says Kim Ullman , CEO of Concordia Maritime.

Delivery of the vessels to the buyer is expected to take place during September 2021 . Following the divestments, Concordia Maritime's fleet consists of ten wholly-owned P-MAX vessels (product tankers), one suezmax tanker (sale-leaseback with purchase option) chartered in on a long-term contract and shares in a further three chartered suezmax vessels.

Kim Ullman
CEO, Concordia Maritime AB
Tel: +46 31 85 50 03    
Mob: +46 704 85 50 03 
Email: kim.ullman@concordiamaritime.com  

Martin Nerfeldt
CFO, Concordia Maritime AB
Tel: +45 88 938 661
Mob: +46 704 85 50 07
Email: martin.nerfeldt@concordiamaritime.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/concordia-maritime/r/concordia-maritime-exercises-purchase-options-and-sells-imoiimax-vessels,c3406987

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