15
Mar
The container shipping market has experienced losses for more than ten years and has now achieved record profits. Can oil tankers realize the transformation from losses to huge profits and also take a share of it? Concordia Maritime, a troubled oil tanker operator in Sweden, is considering pulling out of its sluggish tanker business in a bid to make a fortune in the current container shipping market. Concordia Maritime, which was rescued by Stena after suffering heavy losses last year, has revealed a tanker conversion plan. While dry bulk ships have been seen transporting containers over the past 6 months,…