Concordia Maritime has locked one of its product carriers into a long-term charter, the second deal in the past four months.

The company said the 65,125-dwt Stena Provence (built 2006) will commence its new one-year contract from mid-September.

Its client, an unnamed large oil and gas company, will have the option to stretch the deal for a further year.

Kim Ullman, chief executive of Concordia, said: “It is always pleasing to be given a renewal of confidence.