Concordia Maritime has signed its second sale & leaseback deal in quick succession, giving it over $20m in extra liquidity.

Stena-backed Concordia says the 159,000-dwt Stena Supreme (built 2012) has been picked up by a Japanese owner with funding by a Japanese “mega-bank”.

Concordia will take the vessel back on a 12 year charter with a purchase option written into the deal after three years.