Milestones

 

Concordia Maritime has been a major player in the international shipping industry since 1984.

To the left: P-MAX under construction in Brodosplit, Croatia.

2007

Four new vessels were delivered in 2007. Stena Poseidon and Palva, both Panamaxes, and Stena President and Stena Perros, both P-MAXs. All four vessels have entered long-term charters.

2006

Two additional P-MAX tankers of dwt 65,200 are ordered from Brodosplit Shipyard in Croatia.

2005

The Stena P-MAX Stena Paris were delivered and entered long-term charter to the french oil company TOTAL.

2004

The last two 1970s built Concordia Class VLCCs were sold to SBM for offshore conversion after 30 years of flawless operation.

New order of two ice-class 1A Panamax tankers, on 50/50 basis with Fortum, Finland, against 10 years time charter to Fortum.

Floated Arlington Tankers on the New York Stock Exchange and sold both V-MAXs with 5-8 years T/C back.

2003

Six 65,200-dwt product tankers of Stena P-MAX design are ordered from Brodosplit Shipyard in Croatia.

2001

The Stena V-MAXs Stena Vision and Stena Victory were delivered and entered long-term charters to Sunoco, Philadelphia.

1998

The first MAX class tanker was ordered. Hyundai Heavy Industries was contracted to build two VLCCs of the new revolutionary V-MAX design of 313,000 dwt each.

1989

Universe Tankships (Daniel K Ludwig) VLCC fleet of 6 vessels was purchased at MUSD 200 enbloc with long term charters to Messrs Texaco.

1988

The world´s fifth and sixth largest ships Stena King and Stena Queen, 458,000 dwt each, were purchased and added to the fleet, now totalling 3.5 million dwt.

1984

Concordia Maritime was formed and listed on the Stockholm Stock Exchange. One third of the shares was sold to the public.

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