Stena Bulk and Concordia Maritime sponsor match racing this summer

Stena Bulk and Concordia Maritime sponsor  match racing this summer

Stena Bulk and Concordia Maritime, together with Preem Petroleum will be the
main sponsors of the world cup sailing event Lysekil Women's Match on 31 July -
4 August. Stena Bulk is also active this week, 2 - 8 July, as one of the boat
sponsors during the Swedish Match Cup in Marstrand.

The Preem Lysekil Women's Match for the Stena Bulk Trophy is the world's largest
match racing event for women with 12 of the highest ranked teams participating.
The Swedes who will take part are Linda Rahm, Marie Björling, Jenny Axhede and
Malin Millbourn.

“The races in Lysekil last year were a resounding success with the public and we
were happy to be able to invite both customers and employees to watch the
exciting races. This year, we are playing an active role already at the
beginning of July as a boat sponsor during the Swedish Match Cup in Marstrand,
specifically of skipper Mattias Rahm and his crew. There will be a lot of
sailing for us this summer and we are really looking forward to both events.
With our type of business activity, it naturally feels even better to sponsor
sailing activities, particularly if they also have a local connection to the
Swedish West Coast,” 
says Ulf G. Ryder, President of Stena Bulk.

The competitions
In Marstrand, both top-ranked male and female sailors race in the same
competition - although divided into different teams. In Lysekil, only women
participate. The Match Cup Sweden in Marstrand, with the exception of last year
when there was no competition, has produced exciting sail racing ever since the
first time in 1994. Lysekil Women's Match in Lysekil was held for the first time
in 2004. After a break in 2005, this popular competition will now be held for
the third time. 

Match racing
In both Marstrand and Lysekil, it is a question of match racing, which is the
form of sail racing that is easiest to understand - at least for the spectators
on the rocks. Only two boats to keep an eye on and the winner is the first boat
to cross the finishing line. Normally, the boats sail twice round a course that
starts with a windward tack and finishes in a following wind. How fast the boats
sail round the course is thus unimportant. Crossing the finishing line first is
all that matters. Here, the teams' tactical ability and skill are decisive.


In addition to sponsoring last year's Lysekil Women's Match in Lysekil, Stena
Bulk and Concordia Maritime have also sponsored the trimaran sailing race Nokia
Oops Cup in 2005 with skipper Bruno Peyron and his navigator Roger Nilson, who
also won the whole competition.

www.lysekilwomensmatch.se, www.matchcupsweden.com

For further information, please contact:	
Ulf G. Ryder 	
President, Stena Bulk AB	
Mobile: +46 704 85 50 01

Lena Alvling
Project leader, Stena Bulk AB
Mobile: +46 704 85 50 20

Stena Bulk - With offices in six countries, Stena Bulk is one of the world's
leading tanker shipping companies. Our resources include our own design
department, which enables us to provide our customers with innovative solutions
that meet their transportation and logistics needs. The company controls a fleet
of around 70 tankers and is active in every segment of the tanker market. Stena
Bulk is also responsible for the marketing and operation of Concordia Maritime's
fleet. Stena Bulk is part of the Stena Sphere, which has more than 16,000
employees and sales of SEK 46 billion. 
www.stenabulk.com och www.thenewsmarket.com/stenabulk

Concordia Maritime is an international tanker shipping company listed on the OMX
Nordic Exchange in Stockholm. The company has ordered ten tankers, which are
being built in accordance with the MAX concept. These vessels, P-MAX, are
product tankers of about 65,200 dwt. The MAX concept means that the vessels are
designed for maximum loading capacity in shallow waters. They have been designed
according to a new concept for safer oil transportation with double main engines
in two completely separate engine rooms, double rudders and steering gear, two
propellers and double control systems. www.concordia-maritime.se.