Sweden’s Concordia Maritime has shrunk its fleet again as it targets new business.
The 65,000-dwt product carrier Stena Penguin (built 2010) has gone to an unnamed European buyer, the company said.
The Stena-backed operation added the deal is expected to have a positive liquidity effect of about SEK 215m ($21m), following the repayment of remaining bank debt to Svenska Skeppshypotek.
