Independently listed Stena division Concordia says it has taken a 50% share of a suezmax that will trade in the Stena Sonangol Suezmax pool.
It explains the tanker, built in South Korea in 2012, has already been delivered to begin its one year contract.
Kim Ullman, chief executive of Concordia Maritime, said in a statement to investors: “This is an attractive deal within a part of the tank segment that is already strong, and for which there are substantial expectations ahead of next year.
