Concordia Maritime deepened it loss for the second quarter amid lower spot rates that resulted in lower operating profit.
The Kim Ullman-led company posted net loss of SEK 57m ($6.26m) versus a SEK 43.9m loss a year earlier as daily spot rates for its 12 product tankers fell to SEK 11,300 from SEK 12,000.
Daily rates for its 2.5 suezmaxes declined to SEK 14,200 from SEK 17,600.
