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Concordia Maritime

Environmental & Social Information Feb 27, 2018

3146_rns_2018-02-27_fd2903b1-ed2d-4744-9e71-6f071d59d879.pdf

Environmental & Social Information

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Press release 2018-02-27

Concordia Maritime joins World Ocean Council for sustainable shipping

Concordia Maritime has joined World Ocean Council (WOC) – a global organisation consisting of shipping-related industries and stakeholders, which together aim to take responsibility for our oceans. The organisation's practical work is based on the exchange of information between the participating stakeholders for better mutual understanding. WOC's goal is to influence political discussions and decision-making relating to the marine environment.

Concordia Maritime and Stena Sonangol Suezmax Pool have now signed on as members together with Stena Bulk, which had joined the organisation earlier. All the companies have long worked to promote more environmentally friendly and sustainable shipping and their fleets are among the safest and most modern in the world. In a market that encompasses the transportation of crude oil, refined petroleum products and chemicals, an unfailing commitment to safety and environmental consideration is a must.

"Concordia Maritime very much looks forward to what its membership of the World Ocean Council will lead to. This international platform allows us and other responsible members of the maritime trade to partner with like-minded companies from other sectors. Sustainable business and oceans go hand in hand and require a global strategy", says Kim Ullman, President of Concordia Maritime.

The World Ocean Council encourages the business community to assume collective responsibility for the oceans, and does not believe that a single company or industry can alone solve problems related to the Arctic, marine debris and ocean noise from vessels. Accordingly, the organization has engaged a vast array of sectors including shipping, oil and gas, fisheries, tourism, renewable energy (wind, wave, tidal), ports, classification societies, cable companies, legal and financial services, as well as representatives from insurance companies.

See also www.oceancouncil.org

For further information, please contact: Kim Ullman Ola Helgesson President, Concordia Maritime AB CFO, Concordia Maritime AB Tel: +46 31 855003 Tel: +46 31 855009 Mobile: +46 704 855003 Mobile: +46 704 855009

E-mail: [email protected] E-mail: [email protected]

Concordia Maritime is an international tanker shipping company. We focus on cost-effective and safe transportation of refined petroleum products and vegetable oils. The company's Series B share has been listed on Nasdaq OMX Stockholm since 1984. www.concordiamaritime.com

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