Sale of Suezmax tanker Stena Supreme: Concordia Maritime

The sale will have a positive liquidity effect of approximately USD 4 million. The vessel has been employed in the spot market through the Stena Sonangol Suezmax Pool. The sale will have a positive liquidity effect of approximatelyUSD 4 million. The vessel has been employed in the spot market through the Stena Sonangol Suezmax Pool. Unlike the P-MAX vessels, the transaction and proceeds from the sale ofStena Supremeare not subject to any special conditions from the lending banks...

Sweden, 11/05/2022 (informazione.news - comunicati stampa - trasporti)

The sale will have a positive liquidity effect of approximately USD 4 million . The vessel has been employed in the spot market through the Stena Sonangol Suezmax Pool.

Unlike the P-MAX vessels, the transaction and proceeds from the sale of are not subject to any special conditions from the lending banks. The surplus will therefore strengthen Concordia Maritime's cash position.

The price has been slightly affected by the vessel being sold in an undocked condition. was due for a scheduled 10-year docking during 2022 at the latest.

" says Concordia Maritime CEO Erik Lewenhaupt .

*bareboat charter agreement

Erik Lewenhaupt
CEO, Concordia Maritime AB 
+46 704 855 188
erik.lewenhaupt@concordiamaritime.com

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https://news.cision.com/concordia-maritime/r/sale-of-suezmax-tanker-stena-supreme,c3564779

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