Concordia Maritime
CONCORDIA MARITIME 135 YEARS
Concordia Maritime’s history is largely a mirror of society at large.
Read More
COLLABORATION WITH AMERICAN CROWLEY
Stena RoRo is collaborating with the American shipping and logistics group Crowley on a project for the purchase of ships for the United States Maritime Administration (MARAD). With the aid of Stena Bulk, Concordia Maritime has also recently signed a contract whereby Crowley is bareboat chartering the P-MAX vessel Stena Polaris.
Read More
CHANGE OF CEO FOR CONCORDIA MARITIME
Kim Ullman will be handing over the baton at Concordia Maritime to Erik Lewenhaupt on January 1.
Read More
CONCORDIA MARITIME - ANNUAL GENERAL MEETING
On April 28, Concordia Maritime held its annual general meeting. Due to the corona pandemic and to reduce the risk of spreading infection, the meeting was digital and postal voting was implemented.
Read More
NEW CFO AT CONCORDIA MARITIME
Friday afternoon and we are calling Martin Nerfeldt, newly appointed CFO at Concordia Maritime, who is on his way home from Copenhagen.
Read More
CONCORDIA MARITIME
The tanker market is still very weak, but Concordia Maritime's President Kim Ullman believes in a gradual strengthening, beginning in the second quarter. Vaccines, stimulus packages and increased optimism are contributing to a global recovery, which will be reflected in oil consumption and demand for tanker transports. Moreover, growth in the fleet is historically low.
Read More
CONCORDIA MARITIME IN COPENHAGEN
In January this year, Concordia Maritime opened an office in Copenhagen, centrally located and close to the water, in a cluster of other companies in the shipping industry. CFO Ola Helgesson and Sofia Hjälmdahl, accounting manager, have moved into the office. Opening an office in Copenhagen was prompted by a change in the group structure, and the offices in Bermuda and Switzerland have subsequently been closed.
Read More
THERE IS A LOT INDICATING A STRONG TANKER MARKET IN 2021
The effects of this spring's extensive stockpile of oil will affect the tanker market for the rest of the year. But as the effects fade, there is reason to believe that there will be an increasing demand for tanker transports in line with an increasing consumption of oil. In combination with record-low growth rate in the global tanker fleet, this is expected to lead to a gradually stronger market in 2021.
Read More
SWEDEN'S BEST ANNUAL REPORT 2019 IN SMALL CAP
The tanker shipping company Concordia Maritime has been high on the list for a long time with the best annual reports among the stock exchange's smaller companies, and has also won the small company class on a couple of previous occasions.
Read More
CONCORDIA MARITIME - ANNUAL GENERAL MEETING 2020
The Coronavirus had already put its mark on Concordia Maritime's annual general meeting when shareholders were asked a few weeks in advance to consider voting via proxy and early voting. Food and drink were not served, only a few people attended instead of the usual around 100 people, and speeches from both the CEO and the CFO were published on the website instead of being given at the meeting. CEO Kim Ullman noted that 2019 ended with well-functioning operations in a strong market – a market that in the first months of 2020, with the pandemic and falling oil prices, completely changed character.
Read More
CONCORDIA MARITIME - RAPID SWINGS IN TANKER MARKET
The tanker market is, by its nature, very volitile, as events around the globe have a major impact. Concordia Maritime CEO Kim Ullman points out in his latest market update, how among other things, the Coronavirus has recently affected the market.
Read More
CONCORDIA MARITIME
Concordia Maritime had predicted a strengthened tanker market and at the end of the third quarter, as well as in the beginning of the fourth, the upturn became clear. In addition, several basic structural factors indicate that the market will continue to be strong.
Read More
ANNUAL GENERAL MEETING
Over a hundred shareholders gathered on this sunny spring day to attend Concordia Maritime's Annual General Meeting, which took place on 25 April at the Elite Park Avenue Hotel on Kungsportsavenyn in Gothenburg. The Sulphur Directive IMO 2020 and the pros and cons of installing scrubbers was the single most important topic of discussion during the meeting.
Read More
CLEANER OCEANS
Each year around 8 million tons of plastic ends up in the ocean, plastic that doesn't disappear. This has serious consequences for animals, nature and even us humans. Ocean litter is one of the greatest environmental problems and to help raise awareness Concordia Maritime organised, for the second time, a beach clean-up in the Gothenburg archipelago.
Read More
THE TURNAROUND HAS NOW BEGUN!
In their last interim report, Concordia Maritime noted that their forecast of gradual improvement in the market is now beginning to materialise. CEO Kim Ullman says of the market:
Read More
SUCCESSFUL CLEANUP DAY
Representatives from Concordia Maritime, other Stena companies, members of the Royal Gothenburg Yacht Club and local residents all gathered in Långedrag, on the coast just outside of Gothenburg, on Saturday to take part in a coastal cleanup operation.
Read More
NOMINATED - BEST ANNUAL REPORT
Concordia Maritime was this year once again nominated in the small cap class of Sweden’s best annual report.
Read More
ANNUAL SHIPPING SERVICES FORUM
500 delegates from all of London’s shipping cluster, including investors and analysts from around the world, gathered on September 25.
Read More
SCHOLARSHIPS FROM CONCORDIA MARITIME
2018 scholarships from Concordia Maritime (Bermuda) Ltd. has been awarded to Lamar Samuels and Anthony Durham Jr. as a support for their maritime studies abroad.
Read More
This year’s AGM well attended as usual
Concordia Maritime’s Annual General Meeting was held on 24 April and some 100 shareholders had gathered at Elite Park Avenue in Gothenburg.
Read More
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.
Read More