News

Denmark’s European Maritime Finance (EMF) and its partners Atlas Maritime and Concord Maritime have concluded a profitable deal to sell an older aframax into India. The financier said the 116,000-dwt Dakota Strength (built 2007) has gone for a “record” price of...

TankerTime has chartered the 2007-built M/T Sea Falcon from Pantheon Tankers of Greece for two years.  The 42m Beam vessel was constructed to the highest standards at Mitsui Engineering and Shipbuilding in Chiba, Japan.  Its design offers the greatest commercial...

One of the largest Aframax tankers ever built will join Dakota Tankers in Rotterdam later this month.  The 116,093 deadweight metric tons, wide body, shallow drafted M/T Houston Star was built by the historic Universal Shipbuilding Corporation in Tsu, Japan where it...

Concord Maritime is pleased to announce that NGM Energy will place its M/T ‘Baroness’ into the Dakota Tankers Aframax pool after the vessel completes its current voyage to California next month.  The ‘Baroness’ was constructed at Sumitomo Heavy Industries, Japan, and...

Concord charters in Istanbul-based Active Shipping’s 2009-STX built, 115,395-dwt M/T Pacific Sky for a 12-month period for deployment into the Dakota Tankers Aframax Pool.  The shallow drafted, large deadweight LR2 is ideally suited for busy oil facilities across the...

Concord Maritime is pleased to announce that International Seaways is joining the Dakota Tankers Aframax Pool with three Aframaxes in the coming days. This includes the M/T Seaways Redwood (112,792-dwt built-2013), the M/T Seaways Yellowstone (112,989-dwt built-2009),...

by Joe Brady Ben Ognibene-led commercial management and pooling outfit will employ Samsung-built aframax in Dakota Tankers pool. Connecticut-based commercial manager Concord Maritime has bought its first vessel, taking Arcadia Maritime’s 115,900-dwt Aegean Blue (built...

Concord Maritime is pleased to announce the addition of Chartworld Maritime’s 114,809-dwt Aframax ‘Star Osprey’, Samsung-built 2003, to the Dakota Tankers pool.  The addition will increase the Dakota fleet size to ten vessels contributed by four partners including...

by:  Joe Brady Connecticut-based pool operator Concord Maritime is continuing to expand its presence with the establishment of a London office. Concord chief executive Ben Ognibene said this week that Uday Mishra has been hired to head the new Concord Maritime UK Ltd....

Operation led by former Heidmar chief Ben Ognibene continues gradual growth in second year by Joe Brady The nascent Concord Maritime aframax pool has built its fleet to nine ships with the addition of its first vessel from Maersk Tankers. Concord has added the...