Delivery of Stena Perros from Brodosplit Today Concordia Maritime's product tanker Stena Perros will be delivered from Brodosplit Shipyard, Croatia. The vessel has been signed to a 5-year time charter with the French oil and energy company TOTAL to transport refined products. The Stena Perros, a so-called P-MAX tanker, is the sixth in a series of ten units ordered. The Stena Perros was named on 1 December at Brodosplit. The Stena Perros' sisters, the Stena Paris, delivered in 2005, and the Stena Provence, delivered in 2006, have been contracted by TOTAL for 5 years plus a 2-year extension. Additionally, the Stena Progress, the seventh P-MAX tanker with delivery set for the 4th quarter, 2009, has already been signed to a 5-year charter with TOTAL. In all, TOTAL has four of ten P-MAX tankers on time charters* with a remaining charter period of 22 years. * Time charter = The shipping company charters out its ships complete and crewed for a payment based on a certain sum per day or a certain sum per deadweight ton and month. The party chartering the ship pays for bunker and port fees. The P-MAX tankers have the following technical data: Length: 183 m, breadth: 40 m, draft (design): 11.3 m, deadweight: 65,200 tons. Hans Norén President Telefon +46 31 855101 Mobil +46 704 855101 Göran Hermansson Financial Manager Tel +46 31 855046 Mobil +46 704 855046 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
Delivery of Stena Perros from Brodosplit
| Source: Concordia Maritime AB