RSS Pressrelease http://www.concordiamaritime.com/ RSS Pressreleases Concordia Maritime AB (publ) publishes the Annual Report for 2011 on the Web http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Concordia-Maritime-AB-publ-publishes-the-Annual-Report-for-2011-on-the-Web/ The complete English Annual Report for 2011 was today 3 May 2012 published on www.concordiamaritime.com.

For Investor Relations please contact:
Hans Norén, President, +46 704 855101

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Concordia-Maritime-AB-publ-publishes-the-Annual-Report-for-2011-on-the-Web/ Thu, 03 May 2012 15:10:00 GMT Notice from the Annual General Meeting of Concordia Maritime AB (publ) held on 26 April 2012 http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Notice-from-the-Annual-General-Meeting-of-Concordia-Maritime-AB-publ-held-on-26-April-2012/ The Meeting approved total fees of SEK 1,925,000 to be paid to the board members elected by the meeting (SEK 400,000 to the chairman and vice chairman and SEK 225,000 to the other board members) as well as fees to the auditors, whose work is invoiced on a current account basis. Bert Åke Eriksson had announced that he did not wish to stand for re-election. Carl-Johan Hagman and Michael G:son Löw were elected as new members of the board. Carl-Johan Hagman was elected Chairman of the Board.

The Meeting also approved the proposal of a dividend of SEK 1 per share. The record day for payment is 2 May and the dividend will be distributed via the Euroclear on 7 May, 2012.

Gothenburg, 27 April 2012
Concordia Maritime AB  (publ)
The Board

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Notice-from-the-Annual-General-Meeting-of-Concordia-Maritime-AB-publ-held-on-26-April-2012/ Fri, 27 Apr 2012 12:59:00 GMT Interim report 1 january – 31 march 2012 http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Interim-report-1-january--31-march-2012/ Early redelivery of two P-MAX tankers
Continuing good availability of liquid funds, SEK 642.6 (713.2) million

Net sales, SEK 137,3 million
Result after tax, SEK 20,6 million
Result per share, SEK 0,43
EBITDA, USD 9,2 million
Disponibel likviditet1), SEK 642,6 million

1) Including unutilised credit facilities

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Interim-report-1-january--31-march-2012/ Thu, 26 Apr 2012 14:30:00 GMT Concordia Maritime AB (publ.) publicerar årsredovisningen för 2011 på webben http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Concordia-Maritime-AB-publ-publicerar-arsredovisningen-for-2011-pa-webben/ Tryckt version distribueras inom kort.

Den engelska översättningen beräknas vara klar för publicering den 20 april 2011.

Concordia Maritimes årsstämma hålls den 26 april 2012.

För IR-kontakt: Göran Hermansson, Ekonomidirektör, 031 855046 eller 0704 855046.

Göteborg den 27 mars 2012

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Concordia-Maritime-AB-publ-publicerar-arsredovisningen-for-2011-pa-webben/ Tue, 27 Mar 2012 12:00:00 GMT 2012 Annual General Meeting http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/2012-Annual-General-Meeting/ Notice is hereby given that the Annual General Meeting of the shareholders of

Concordia Maritime AB (publ), 556068-5819, will be held on Thursday, 26 April 2012, at 2.00 p.m.

The Annual General Meeting will be held at Lorensbergsteatern, in Gothenburg,

Entrance to the venue opens at 1.15 p.m.

Right to attend and notice of attendance 

Shareholders who wish to attend the annual general meeting must:

 

be registered in their own name in the share register maintained by Euroclear Sweden AB  no later than Friday 20 April 2012

 

notify the company of their intention to participate and the number of guests (max. 2) who will accompany the shareholder at the following

address: Concordia Maritime AB,  SE-405 19 Gothenburg, Sweden, or by

telephone +46 (0)31-85 50 19 or e-mail arsstamma@concordiamaritime.com no later than Friday 20 April 2012.

 

The company may also be notified via its website www.concordiamaritime.com,

Notification must state the shareholder’s name, (the names of guests (max. 2), national registration number, address and telephone number.

 

Nominee-registered shares

Shareholders whose shares have been registered in the name of a nominee must

temporarily reregister their shares in their own name to be entitled to vote at the

Meeting. Such registration must be completed at Euroclear Sweden AB. This means

that shareholders must inform the nominee to that effect well before 20 April 2012.

 

Nominee 

Shareholders who are represented by proxy shall issue a power of attorney for the representative. A copy of the certificate of registration (and should such certificate not exist, a corresponding document of authority) of the legal entity shall be attached to a power of attorney issued by a legal entity. In order to facilitate the registration at the Meeting, powers of attorney in original, certificates of registration and other documents of authority should be sent to the Company so as to be available by Friday 20 April 2012.

 

Agenda

1       Election of a chairman for the meeting

2       Drawing up and approval of the list of voters

3       Approval of the agenda

4       Election of two minute-checkers

5       Corroboration that the annual general meeting has been properly convened

6       Presentation of the Board of Directors and other key persons

7       Account of the work done by the Board of Directors

8       President’s statement

9       To receive and consider the annual report and the consolidated accounts

10     To receive the audit report and the consolidated audit report

11     To DECIDE on:

                   a        confirmation of the Parent Company’s income statement and balance                                             sheet and the consolidated income statement and balance sheet

                   b       the allocation of the company’s result according to the confirmed                                                   balance sheet

                   c        the discharge from liability of the Members of the Board and the                                                  President

12     To establish the number of board members and deputy members to be elected by

         the Meeting

13     To fix the remuneration for the board of directors and the auditors

14     Confirmation of principles for remuneration for senior executives

15     To elect the chairman of the board of directors and the board members. In

         connection therewith, an explanation of the nomination committee's work

16     To elect an auditor and a deputy auditor

17     Closure of the Meeting

 

Election of a chairman for the meeting (Point 1)

The nomination committee proposes to the Meeting, in accordance with point 1, that

C. Mikael von Mentzer be elected as chairman for the Meeting.

 

Dividend (Point 11b) 

The Board of Directors proposes that a dividend of SEK 1.00 per share be paid and that the record date for the payment of dividends be 2 May, 2012. If the Annual

General Meeting decides in accordance with this proposal, it is estimated that this dividend will be distributed via Euroclear Sweden AB on 7 May, 2012.

 

Establishing the number of board members and deputy members (Point 12)

Concordia Maritime’s principal owner, representing approx. 73% of the votes, has decided to propose to the Meeting that the number of members of the board to be elected by the Meeting be increased from six to seven and that no deputy members of the board be elected.

 

Fixing the remuneration for the board of directors and the auditors (Point 13)

The nomination committee proposes to the Meeting that the remuneration remain unchanged – SEK 400,000 be paid to the Chairman of the Board and to the Deputy Chairman and SEK 225,000 to be paid to each of the other board members elected by the Meeting. The Board of Directors proposes that fees paid to the auditors shall be as agreed upon.

 

Fixing the guidelines for remuneration for senior executives (Point 14)

The Board of Directors proposes that the following guidelines for remuneration for senior executives be fixed

Remuneration consists of a fixed salary, variable remuneration, a pension and other benefits.

 

In order to attract and retain expertise, Concordia Maritime aims to offer employees an attractive, competitive fixed salary. The absolute level depends on the scope and complexity of the position in question and on the individual employee’s annual performance. Performance is reflected in particular in the variable remuneration. Variable remuneration is based on, among other things, the development of the company and reaching e.g. commercial, operational and financial targets. These targets are to be determined by the Board of Directors.

 

Agreements on additional remuneration can be entered into when considered necessary to be able to attract and retain key expertise, or to persuade individuals to move to another location or to accept a new position. This remuneration shall be of limited duration.

 

The company’s policy regarding pensions is to follow the practice applied in the local market in each country. A premium corresponding to 35 per cent of the President’s monthly pensionable salary and remuneration at any time is paid into the pension. For other senior executives in Sweden, a defined contribution plan is applicable for retirement pensions over and above the base pension plans on the Swedish labour market.

 

The basic rule is that other benefits, e.g. a company car, should be competitive on the local market.

 

For senior executives in Sweden, the mutual period of notice is 3 to 12 months depending on the position. Severance pay amounting to a maximum of 24 monthly salaries is paid in the event of termination by the company, 

 

Election of the chairman of the board of directors and the board members

(Point 15)

The Meeting has previously decided to establish a nomination committee with the task of drawing up proposals regarding the election of directors and board fees and, where applicable, election of auditors and audit fees. According to the AGM's decision, the nomination committee shall consist of the Deputy Chairman and one representative of each of the two largest shareholders in terms of number of votes. For the 2012 AGM, the Nomination Committee consists of Karl-Magnus Sjölin (Stena Sessan Rederi AB), Arne Lööw (Fjärde AP-fonden) and Deputy Chairman C. Mikael von Mentzer. Chairman is Karl-Magnus Sjölin.

 

The nomination committee proposes to the Meeting that Dan Sten Olsson, Stefan Brocker, Mats Jansson, C. Mikael von Mentzer and Morten Chr. Mo be re-elected as members of the board and that Carl-Johan Hagman and Michael Löw be elected as members of the board. It is proposed that Carl-Johan Hagman be elected as Chairman of the Board. Bert Åke Eriksson has announced that he does not wish to stand for re-election.

 

Election of auditors (Point 16)

The nomination committee proposes to the Meeting that Johan Kratz, authorized public accountant, be re-elected and that Jan Malm, authorized public accountant, be elected as deputy auditor. The auditor and deputy auditor are elected for a period of one year, until the end of the 2013 Annual General Meeting.

 

Annual Report, etc.

The Annual Report, which includes the Board's opinion regarding the proposed dividend (paragraph 11 b), the audit report, the auditor's opinion on the application of the guidelines for remuneration of senior executives and a proxy form are available at the company's headquarters from 30 March 2012. The above-mentioned documents will also be available on the company’s website www.concordiamaritime.com.

The printed version of the Annual Report will be available at the Annual General

Meeting. As an extra service, the Annual Report will be sent to all Swedish registered shareholders at the addresses given in the share register. 

 

Shares and votes

The total number of shares in the company amounts to 47,729,798 shares, whereof

4,000,000 Series A shares and 43,729,798 Series B shares representing a total of

83,729,798 votes. The company does not own any of its own shares.

 

Information at the AGM

The board of directors and the President shall, if requested by a shareholder and if the board considers that it will not cause significant damage to the company, provide information on circumstances that could affect the assessment of a matter on the agenda, circumstances that could affect the assessment of the company’s or a subsidiary’s economic situation and the company’s relations with another group company.

 

1.15 p.m.  Entrance to the venue for the Annual General Meeting opens

2.00 p.m.  Opening of the Annual General Meeting

 

After the Meeting, light refreshments will be served.   

 

Gothenburg, March 2012

 

Concordia Maritime AB (publ)

 

Board of Directors

 

Right to attend and notice of attendance   

Shareholders who wish to attend the annual general meeting must:  

 

be registered in their own name in the share register maintained by Euroclear Sweden AB  no later than Friday 20 April 2012 

 

notify the company of their intention to participate and the number of guests (max. 2) who will accompany the shareholder at the following

address: Concordia Maritime AB,  SE-405 19 Gothenburg, Sweden, or by

telephone +46 (0)31-85 50 19 or e-mail arsstamma@concordiamaritime.com no later than Friday 20 April 2012.

  

The company may also be notified via its website www.concordiamaritime.com,  

Notification must state the shareholder’s name, (the names of guests (max. 2), national registration number, address and telephone number. 

  

Nominee-registered shares  

Shareholders whose shares have been registered in the name of a nominee must  

temporarily reregister their shares in their own name to be entitled to vote at the  

Meeting. Such registration must be completed at Euroclear Sweden AB. This means  

that shareholders must inform the nominee to that effect well before 20 April 2012.  

 

Nominee   

Shareholders who are represented by proxy shall issue a power of attorney for the representative. A copy of the certificate of registration (and should such certificate not exist, a corresponding document of authority) of the legal entity shall be attached to a power of attorney issued by a legal entity. In order to facilitate the registration at the Meeting, powers of attorney in original, certificates of registration and other documents of authority should be sent to the Company so as to be available by Friday 20 April 2012.

 

Agenda  

1       Election of a chairman for the meeting  

2       Drawing up and approval of the list of voters

3       Approval of the agenda

4       Election of two minute-checkers

5       Corroboration that the annual general meeting has been properly convened

6       Presentation of the Board of Directors and other key persons

7       Account of the work done by the Board of Directors

8       President’s statement

9       To receive and consider the annual report and the consolidated accounts

10     To receive the audit report and the consolidated audit report

11     To DECIDE on:

                   a        confirmation of the Parent Company’s income statement and balance                                             sheet and the consolidated income statement and balance sheet 

                   b       the allocation of the company’s result according to the confirmed                                                   balance sheet  

                   c        the discharge from liability of the Members of the Board and the                                                  President  

12     To establish the number of board members and deputy members to be elected by

         the Meeting

13     To fix the remuneration for the board of directors and the auditors  

14     Confirmation of principles for remuneration for senior executives  

15     To elect the chairman of the board of directors and the board members. In  

         connection therewith, an explanation of the nomination committee's work

16     To elect an auditor and a deputy auditor 

17     Closure of the Meeting  

  

Election of a chairman for the meeting (Point 1)  

The nomination committee proposes to the Meeting, in accordance with point 1, that  

C. Mikael von Mentzer be elected as chairman for the Meeting.  

  

Dividend (Point 11b)   

The Board of Directors proposes that a dividend of SEK 1.00 per share be paid and that the record date for the payment of dividends be 2 May, 2012. If the Annual  

General Meeting decides in accordance with this proposal, it is estimated that this dividend will be distributed via Euroclear Sweden AB on 7 May, 2012.  

  

Establishing the number of board members and deputy members (Point 12)  

Concordia Maritime’s principal owner, representing approx. 73% of the votes, has decided to propose to the Meeting that the number of members of the board to be elected by the Meeting be increased from six to seven and that no deputy members of the board be elected.  

  

Fixing the remuneration for the board of directors and the auditors (Point 13)  

The nomination committee proposes to the Meeting that the remuneration remain unchanged – SEK 400,000 be paid to the Chairman of the Board and to the Deputy Chairman and SEK 225,000 to be paid to each of the other board members elected by the Meeting. The Board of Directors proposes that fees paid to the auditors shall be as agreed upon.  

  

Fixing the guidelines for remuneration for senior executives (Point 14)  

The Board of Directors proposes that the following guidelines for remuneration for senior executives be fixed  

Remuneration consists of a fixed salary, variable remuneration, a pension and other benefits.  

  

In order to attract and retain expertise, Concordia Maritime aims to offer employees an attractive, competitive fixed salary. The absolute level depends on the scope and complexity of the position in question and on the individual employee’s annual performance. Performance is reflected in particular in the variable remuneration. Variable remuneration is based on, among other things, the development of the company and reaching e.g. commercial, operational and financial targets. These targets are to be determined by the Board of Directors.  

  

Agreements on additional remuneration can be entered into when considered necessary to be able to attract and retain key expertise, or to persuade individuals to move to another location or to accept a new position. This remuneration shall be of limited duration.  

  

The company’s policy regarding pensions is to follow the practice applied in the local market in each country. A premium corresponding to 35 per cent of the President’s monthly pensionable salary and remuneration at any time is paid into the pension. For other senior executives in Sweden, a defined contribution plan is applicable for retirement pensions over and above the base pension plans on the Swedish labour market.  

  

The basic rule is that other benefits, e.g. a company car, should be competitive on the local market.

 

For senior executives in Sweden, the mutual period of notice is 3 to 12 months depending on the position. Severance pay amounting to a maximum of 24 monthly salaries is paid in the event of termination by the company, 

 

Election of the chairman of the board of directors and the board members

(Point 15)

The Meeting has previously decided to establish a nomination committee with the task of drawing up proposals regarding the election of directors and board fees and, where applicable, election of auditors and audit fees. According to the AGM's decision, the nomination committee shall consist of the Deputy Chairman and one representative of each of the two largest shareholders in terms of number of votes. For the 2012 AGM, the Nomination Committee consists of Karl-Magnus Sjölin (Stena Sessan Rederi AB), Arne Lööw (Fjärde AP-fonden) and Deputy Chairman C. Mikael von Mentzer. Chairman is Karl-Magnus Sjölin.

 

The nomination committee proposes to the Meeting that Dan Sten Olsson, Stefan Brocker, Mats Jansson, C. Mikael von Mentzer and Morten Chr. Mo be re-elected as members of the board and that Carl-Johan Hagman and Michael Löw be elected as members of the board. It is proposed that Carl-Johan Hagman be elected as Chairman of the Board. Bert Åke Eriksson has announced that he does not wish to stand for re-election.

 

Election of auditors (Point 16)

The nomination committee proposes to the Meeting that Johan Kratz, authorized public accountant, be re-elected and that Jan Malm, authorized public accountant, be elected as deputy auditor. The auditor and deputy auditor are elected for a period of one year, until the end of the 2013 Annual General Meeting.

 

Annual Report, etc.

The Annual Report, which includes the Board's opinion regarding the proposed dividend (paragraph 11 b), the audit report, the auditor's opinion on the application of the guidelines for remuneration of senior executives and a proxy form are available at the company's headquarters from 30 March 2012. The above-mentioned documents will also be available on the company’s website www.concordiamaritime.com.

The printed version of the Annual Report will be available at the Annual General

Meeting. As an extra service, the Annual Report will be sent to all Swedish registered shareholders at the addresses given in the share register. 

 

Shares and votes

The total number of shares in the company amounts to 47,729,798 shares, whereof

4,000,000 Series A shares and 43,729,798 Series B shares representing a total of

83,729,798 votes. The company does not own any of its own shares.

 

Information at the AGM

The board of directors and the President shall, if requested by a shareholder and if the board considers that it will not cause significant damage to the company, provide information on circumstances that could affect the assessment of a matter on the agenda, circumstances that could affect the assessment of the company’s or a subsidiary’s economic situation and the company’s relations with another group company.

 

1.15 p.m.  Entrance to the venue for the Annual General Meeting opens

2.00 p.m.  Opening of the Annual General Meeting

 

After the Meeting, light refreshments will be served.   

 

Gothenburg, March 2012

 

Concordia Maritime AB (publ)

 

Board of Directors

 

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/2012-Annual-General-Meeting/ Mon, 26 Mar 2012 13:07:00 GMT Year-end report, 1 January-31 December 2011 http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Year-end-report-1-January-31-December-2011/ Profitability despite weak markets
Continuing good available liquidity of SEK 625.4 (698.0) million
The Board proposes to the AGM a dividend of SEK 1.00 (1.00)

Net sales, SEK mill. 559.6 (513.4)
Result after tax, SEK mill. 84.8 (80.4)
Result per share, SEK 1.78 (1.68)

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2012/Year-end-report-1-January-31-December-2011/ Wed, 22 Feb 2012 14:00:00 GMT Interim Report 1 January - 30 September 2011 http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Interim-Report-1-January---30-September-2011/ Net sales: SEK 421.6 (367.9) million
Result after tax SEK 58.9 (61.5) million
Result per share after tax: SEK 1.23 (1.29)
EBITDA USD 28.3 (22.2) million
Available liquid funds (including unutilised credit facilities) SEK 668.1 (653.0) million

Two P-MAX vessels were employed in the open market in the third quarter. All other vessels are still employed on contracts.

Good availability of liquid funds, SEK 668.1 (653.0) million.

Unchanged forecast for 2011: result before tax of USD 10-13 million, (approx. SEK 65-85 million), depending on how the open market develops in 2011.

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Interim-Report-1-January---30-September-2011/ Wed, 02 Nov 2011 07:47:00 GMT Interim Report 1 January-30 June 2011 http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Interim-Report-1-January-30-June-2011/ Business operations proceeding according to plan. Three ships were taken in for scheduled drydock in the second quarter.
The tenth P-MAX tanker was delivered during the second quarter. The newbuilding program now consists of one suezmax tanker.
Continuing good availability of liquid funds, SEK 636.6 (709.7) million.
Forecast for 2011: result before tax of USD 10-13 million, approx. SEK 65-85 million, depending on how the open market develops in 2011.

 

  • Net sales, SEK 276.1 (240.0) million
  • Result after tax, SEK 38.8 (43.8) million
  • Result per share, SEK 0.81 (0.92)
  • EBITDA, USD 17.4 (14.8) million
  • Available liquid funds1), SEK 636.6 (709.7) million
  • 1)Including unutilized credit facilities
>> Read the complete report here (PDF)
]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Interim-Report-1-January-30-June-2011/ Tue, 16 Aug 2011 14:55:00 GMT Concordia Maritime upgrading ships and changing fleet disposition http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Concordia-Maritime-upgrading-ships-and-changing-fleet-disposition/ Concordia Maritime has now completed the upgrade of two of its P‐MAX tankers to chemical class III, so‐called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil. The vessels in question are the Stena Performance, re‐delivered from her time charter at the end of June, and the latest addition to the fleet, the Stena Premium, delivered from the shipyard in June. An IMO III upgrade means that the vessels’ flexibility in the market is increasing and more days laden than in ballast can be achieved.

The Stena Performance has been employed on the open market since July. Her operation is handled by Stena Weco on our behalf. Stena Weco is a joint venture between the Stena tanker company Stena Bulk and Danish Weco, a company specialized in transporting vegetable oils.
The Stena Premium, is on a 3-year time charter to ST Shipping, a company in the energy conglomerate Glencore.
 
Concordia Maritime also has, in return for compensation, reached an agreement with the French energy company Total for the early re-delivery of one of the four vessels on charter to them. This P-MAX, the Stena Provence, will therefore be employed in the open market from August and it is planned to upgrade also her to IMO III during the autumn.
 
Hans Norén, President, commented:
“The Stena Performance was the first P-MAX in our fleet to be re-delivered from her time charter contract and it is important to get as much flexibility as possible on the spot market and thus increase earning potential. The IMO III upgrade is an important factor in this respect. We have worked hard on this project since January and it is satisfying to note that two of our vessels have now been upgraded.
We are also very much looking forward to working with Stena Weco, which, in addition to being experts in transporting oil, also has extensive knowledge and a large market presence when it comes to transporting vegetable oils.
 
The French energy company Total has been involved in the P-MAX project since the beginning in 2002/2003. We have now agreed on the re-delivery of one of the four P-MAXs they charter from us about 1.5 years in advance. Both companies’ tonnage needs change over time and it is natural and entirely consistent with our good collaboration to reach this type of settlement.”
 
Göran Hermansson, CFO, commented:
“The investment in the IMO III upgrade amounts to slightly below USD 1 million, equivalent to about SEK 6 million per vessel. However, it also increases the vessels’ market value by at least this amount.
Our forecast for 2011, USD 10-13 million in result before tax, equivalent to SEK 65-85 million, remains unchanged.”

For more information:
Hans Norén, President, +46 31 855101, +46 704 855101
Göran Hermansson, CFO, +46 31 855046, +46 704 855046

www.concordiamaritime.com

]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Concordia-Maritime-upgrading-ships-and-changing-fleet-disposition/ Tue, 09 Aug 2011 08:30:00 GMT Concordia Maritime launch App http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Concordia-Maritime-launch-App/ Concordia Maritime’s new App is a shortcut to information about our share price, financial performance, our fleet and much more.

“We always strive to make it easy for our stakeholders to follow us. We put a lot of effort into explaining what we do and how we do it. With our new App we make it even easier to access the information”, says Göran Hermansson, CFO.

Download the App free of charge to your smartphone.

To download the App, please visit Iphone App Store or Android marketplace. 

http://www.concordiamaritime.com/iphone

http://www.concordiamaritime.com/android

Get to learn about Concordia Maritime

This app enables you to interact with Concordia Maritime - an international tanker shipping company. The company’s focus is on cost-effective and safe transportation of refined petroleum products such as gasoline, diesel fuel and jet fuel. The Series B share has been listed on the Nasdaq OMX in Stockholm since 1984.

App features:

  • Latest share price and trades
  • Financial reports and Annual reports
  • Newsroom featuring Press Releases, news and mobile wallpapers
  • Extensive fleet information
  • Business contact information with address book integration, sms function and speed dial
  • Office locations and how to get there via maps
]]> http://www.concordiamaritime.com/en/Newsroom/Press-releases/Press-releases-2011/Concordia-Maritime-launch-App/ Thu, 07 Jul 2011 15:58:00 GMT