Concordia Maritime

Business and Financial Review • Jun 13, 2011

Press release

10 June 2011

Delivery of Stena Premium

Concordia Maritime has taken delivery of the product tanker Stena Premium, which will soon enter into a 3-year charter contract with Glencore subsidiary ST Shipping.

The Stena Premium is the tenth and last P-MAX tanker in the so-called P-MAX series ordered from the Croatian shipyard Brodosplit.

The tankers in the P-MAX series have all been signed to charters of between three and ten years from delivery.

The fle the world, transporting both light and heavy petroleum products as well as crude oil. et operates in different geographical markets all over The sister vessel Stena Penguin,

delivered in August 2010

The first P-MAX tanker was delivered in 2005 from Brodosplit Shipyard. The tankers have double hulls, two engine rooms with full water and fire integrity and two separate propulsion systems. Superior maneuverability and an integrated bridge layout facilitate safe navigation in narrow channels.

Technical data for the P-MAX tankers:

Length: 183 m, breadth: 40 m, draft (design): 11.3 m, deadweight: 65,200 tons.

For more information, please contact Hans Norén, President Tel +46 31 855101 Mobile +46 704 855101