Crew Reviews, Ratings & Info for Concord

On May 1, 2026, the 'Rainbow Warrior', a vessel linked to the Russian shadow fleet, navigated through the Fehmarn Belt while transporting oil from Aliaga to Primorsk, with an estimated time of arrival set for May 17. The transit was closely monitored by the German Federal Police's patrol boat 'Eschwege', while the Russian corvette 'Stavropol' provided escort for the operation, ensuring security during the journey.

In a significant transaction, Konig & Cie has successfully sold a fleet of four Suezmax tankers, namely the ‘Cape Bari’, ‘Cape Bastia’, ‘Cape Bonny’, and ‘Cape Brindisi’. All four vessels, constructed in 2005 at the Hyundai shipyard in Korea, have been acquired by Greek buyers for an en bloc price of $74 million. The vessels are classified under IMO, and they underwent their special surveys and dry docks in April, June, September, and October of 2020, respectively, ensuring their operational readiness. This strategic sale reflects ongoing interests in the Suezmax segment, as these tankers continue to be a vital component in the global maritime oil transport market.

In a strategic move to streamline operations, German shipping company König & Cie has placed the suezmax tanker Cape Bastia on the market. This decision is part of a broader initiative, as the company has also listed three additional suezmax tankers for sale. Industry insiders reveal that König & Cie, which has been actively reducing its fleet, is seeking offers for its 2005 South Korean-built vessels, including Cape Bari, Cape Bonny, and Cape Brindisi. The sale reflects the company's trend towards fleet optimization and market positioning.