Sale of the P-MAX vessel Stena Paris

"The sale of Stena Paris is made primarily to take advantage of the increased ship valuations and improve the company's financial position, but in addition there is also an age factor. The Stena Paris was the first ship to be delivered in the P-MAX series. It is now almost 17 years ago and in a strong second-hand market for mature quality tonnage, we are therefore now taking the opportunity to sell our oldest vessel," says Erik Lewenhaupt, CEO of Concordia Maritime.                       " The...

"The sale of Stena Paris is made primarily to take advantage of the increased ship valuations and improve the company's financial position, but in addition there is also an age factor. The Stena Paris was the first ship to be delivered in the P-MAX series. It is now almost 17 years ago and in a strong second-hand market for mature quality tonnage, we are therefore now taking the opportunity to sell our oldest vessel," says Erik Lewenhaupt, CEO of Concordia Maritime.                      

This information is information that Concordia Maritime Aktiebolag (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person below for publication on 5 July 2022 at 15:45 CEST.

CONTACT:

For more information, please contact:
Erik Lewenhaupt                                                                
CEO, Concordia Maritime AB                         
+46 704 855 188                    
[email protected]

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https://news.cision.com/concordia-maritime/r/sale-of-the-p-max-vessel-stena-paris,c3596976

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