Concordia Maritime and Shell Singapore cooperate

Singapore: Concordia Maritime has signed an agreement with Shell Tankers Singapore covering the employment of the P-MAX tankers Stena Penguin and Stena Progress.
“Generally speaking, the product tanker market is developing well and in accordance with our planned fleet disposition. We are of course happy to have concluded this business”, said Kim Ullman, ceo of Concordia Maritime.
The Stena Penguin and the Stena Progress are two of the ten P-MAX tankers in Concordia Maritime’s fleet. The vessels have a double hull, two engine rooms with full water and fire integrity and two separate propulsion systems.  [17/02/14]

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