Concordia Maritime inks new agreement with Total
Concordia Maritime has signed yet another deal with Total, the French energy and oil company. The agreement covers the P-MAX Stena Paris, which will sail on one of Total’s special routes from South East Asia to Polynesia. The Stena Paris had previously been chartered to Total between 2005 and 2012. The new charter is for one year with an option on a 12-month extension, the Company said Monday in a press release.
As part of the agreement, the P-MAX Stena Progress, which has also been on charter to Total, will now be redelivered on mutually agreed terms. The Stena Progress is currently sailing within the Stena Weco system on the open market for product tankers, a market that is continuing to develop favourably.
The Stena Paris, built in 2005, is a P-MAX tanker. This design was developed in consultation with Total, which means that she is particularly suited for the route she will now sail on.
The Stena Paris is one of ten P-MAX tankers in Concordia Maritime’s fleet. The vessels have a double hull, two engine rooms with full water and fire integrity and two separate propulsion systems. Manoeuvrability and an integrated bridge layout are also very important when it comes to facilitating safe navigation in narrow channels.
Technical data for the P-MAX tankers: Length: 183 m, beam: 40 m, draft (design): 11.3 m, deadweight: 65,200 tons.
Concordia Maritime is an international tanker shipping company specializing in transportation of refined petroleum products and vegetable oils.
