Concordia has accepted the early redelivery of one of its P-MAX tankers from time charter.
The French energy group Total has negotiated compensation terms with Concordia over the foreshortening of the timecharter of the Stena Provence.
In 2007, Concordia announced its long-term chartering agreement with Total. The 65,000-dwt Stena Progress (built 2009) entered into a five-year time charter from the end of 2009.
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