Concordia Maritime's New market update: October 2022

StreetInsider

07 Oct 2022

Historically firm crude- and product tanker rates
Firm vessel values
Low newbuilding ordering

GOTHENBURG, Sweden, Oct. 7, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both rates, ship values and the development of the global product tanker fleet as well as the demand for oil and the development of inventory levels.

The ambition is to publish the report at the beginning of each month going forward.

For more information, please contact:Erik LewenhauptCEO, Concordia Maritime AB0704-855 188[email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/concordia-maritime/r/new-market-update--october-2022,c3644487

The following files are available for download:

https://mb.cision.com/Main/1948/3644487/1635905.pdf

Concordia Maritime - Market update ENG PR - 20221007 (PDF)

View original content:https://www.prnewswire.com/news-releases/concordia-maritimes-new-market-update-october-2022-301643507.html

SOURCE Concordia Maritime

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The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both rates, ship values and the development of the global product tanker fleet as well as the demand for oil and the development of inventory levels. </span></p>\n<p><span>The ambition is to publish the report at the beginning of each month going forward.</span></p><div><div><div></div></div></div>\n<p><b><span>For more information, please contact:</span></b><span>Erik LewenhauptCEO, Concordia Maritime AB0704-855 188<span>[email protected]</span></span></p>\n<p><span>This information was brought to you by Cision <span>http://news.cision.com</span></span></p>\n<p><span>https://news.cision.com/concordia-maritime/r/new-market-update--october-2022,c3644487</span></p>\n<p>The following files are available for download:</p>\n<div><table border=\"0\" cellpadding=\"0\" cellspacing=\"0\"><tr><td colspan=\"1\" rowspan=\"1\"><p><span><span>https://mb.cision.com/Main/1948/3644487/1635905.pdf</span></span></p><div><div><div></div></div></div>\n</td><td colspan=\"1\" rowspan=\"1\"><p><span>Concordia Maritime - Market update ENG PR - 20221007 (PDF)</span></p>\n</td></tr></table></div>\n<p><img height=\"12\" src=\"https://c212.net/c/img/favicon.png?sn=IO95874&amp;sd=2022-10-07\" title=\"Cision\" width=\"12\"/> View original content:https://www.prnewswire.com/news-releases/concordia-maritimes-new-market-update-october-2022-301643507.html</p>\n<p>SOURCE Concordia Maritime</p>\n</div> </div></body></html>","source":"highlight_streetinsider","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Concordia Maritime's New market update: October 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConcordia Maritime's New market update: October 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-07 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20677492><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Historically firm crude- and product tanker ratesFirm vessel valuesLow newbuilding orderingGOTHENBURG, Sweden, Oct. 7, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. 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