Concordia Maritime upgrades ships to IMO III

Concordia Maritime has invested just under USD1m in upgrading two of its P‐MAX tankers to IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil. The vessels in question are the Stena Performance, re‐delivered from her time charter at the end of June, and the latest addition to the fleet, the Stena Premium, delivered from the shipyard in June.