Concordia Maritime said it logged an impairment loss on the value of its tankers after the sale of a product carrier confirmed that prices have slumped.
The shipowner, a Stockholm-listed company within the umbrella of Sweden’s Stena AB, said it took a hit of SEK 268m ($29.1m) across its fleet, which is now made up of nine product carriers in addition to a bareboat-chartered suezmax crude tanker.
