Concordia Maritime’s IMOIIMAX tanker Stena Image named in Guangzhou

Concordia Maritime’s first chemical and product tanker based on the IMOIIMAX
concept, the Stena Image, was named at the Chinese shipyard GSI (Guangzhou
Shipbuilding International) in Guangzhou last Thursday. The vessel is a 50,000
dwt MR tanker and is a further development of a well-established and successful
concept offering high cargo flexibility and low fuel consumption.

[image]Stena Image Photo: Kristofer Hultén

“The delivery of the Stena Image marks the beginning of a new era for Concordia
Maritime. We already have a high-quality and well-balanced fleet, but with the
addition of the IMOIIMAX vessels, which are the next generation of chemical and
product tankers, our offer will be even more sophisticated and attractive in
tomorrow’s exciting product tanker market”, says Kim Ullman, CEO of Concordia
Maritime, in a comment.

[image]Godmother, Selma Olsson Åkefeldt, MD PhD. Photo: Kristofer Hultén

More than a hundred guests had gathered in a rainy Guangzhou on the south coast
of China to attend the naming ceremony for the Stena Image. The vessel’s
godmother, Selma Olsson Åkefeldt, MD, PhD, the daughter of Dan Sten Olsson, the
Stena group’s principal owner, named the vessel and finished with the words:
“May God bless and protect all who sail on her”. Now the tanker, with Captain
Jaroslaw Aniszewski and his crew on board, has left the shipyard in Guangzhou to
sail, as planned, on her maiden voyage from the Far East to Europe.
“The IMOIIMAX concept is based on what is already a well-established commercial
reality where there is now an even greater focus on cargo flexibility and lower
energy consumption, two factors that are a guarantee for both commercial and
technical success”, adds Kim Ullman.

[image]Management and representatives from Concordia Maritime,
Stena and GSI together with the captain. Photo: Kristofer Hultén

Stena Teknik together with the shipyard GSI have implemented a large number of
innovative solutions that have, among other things, enabled fuel consumption,
when sailing at service speed, to be reduced 10-20% compared with other vessels
of the same size. Additionally, the vessels have 18 different tanks of 3,000 cbm
each so that they can transport full IMO2 cargoes and combine both vegetable
oils, chemicals and petroleum products. This results in very logistic
flexibility.
Another sister vessel and Concordia Maritime-owned tanker, the Stena Important,
is expected to be delivered in October 2015. The order for the two IMOIIMAX
tankers was placed in 2012 and represents a total investment of approx. MUSD 78.
Both IMOIIMAX tankers will sail in Stena Weco’s global logistics systems, which
already employ some 60 vessels. http://www.stenaweco.com/

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Some of the technical solutions that will result in more efficient energy
consumption and greater logistic flexibility:

  · Main engine auto-tuning
  · More efficient boiler with recovery from multiple heat sources
  · Recovery of propeller energy loss
  · Aerodynamic design of the accommodation and bridge
  · All cargo tanks are designed to accept any type of cargo the vessel can
transport
  · Effective tank-cleaning system

For more information on the technical solutions listed above, go to

http://news.cision.com/concordia-maritime/r/concordia-maritime-takes-delivery-of
-the-next-generation-of-chemical-and-product-tankers,c9752577

Technical data for an IMOIIMAX tanker:
Length: 183 metres; beam: 32 metres; deadweight: 50,000 tons
For additional material, see Concordia Maritime’s website:
www.concordiamaritime.com
For further information, please contact:
Kim Ullman
President
Concordia Maritime
Tel: +46 31 855003
Mobile: +46 704 855003
E-mail: kim.ullman@concordiamaritime.com
Concordia Maritime is an international tanker shipping company. We focus on cost
-effective and safe transportation of refined petroleum products and vegetable
oils. The company was established in 1984 when its Series B share was listed on
Nasdaq OMX Stockholm. www.concordiamaritime.com