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HomeMaritime NewsRegionsAsiaConcordia Maritime orders two chemical tankers from Guangzhou Shipbuilding

Concordia Maritime orders two chemical tankers from Guangzhou Shipbuilding

Concordia Maritime orders two chemical tankers from Guangzhou Shipbuilding
Guangzhou: Jumping on the efficiency bandwagon, Concordia Maritime has ordered two 50,000 dwt chemical parcel tankers from Guangzhou Shipbuilding International (GSI) for delivery end-2014/beginning-2015 valued at around SEK550m ($78.4m).

Concordia plans to employ the vessels in the open market through its partner Stena Weco.

Concordia has no doubt been attracted by the more attractive current newbuilding prices and is taking its chances in the open market, banking on a strong partner in Stena Weco and the higher efficiency of the new designs. The vessels are part of a series of six tankers designed by Stena Weco and Stena Bulk and developed by Stena Teknik together with GSI. 

Stena Weco is a joint venture between Stena Bulk and the Denmark flag, Danish Dannebrog, which was formed a little over a year ago. It runs operations from offices in Copenhagen, Singapore and Houston.

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