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Concordia: Delivery of Stena Poseidon.


STOCKHOLM, Sweden -- The product tanker Stena Poseidon has been delivered from Brodosplit Shipyard in Split. The Stena Poseidon is jointly owned by Concordia Maritime and Neste Oil For river in southwestern France, see .
Neste Oil is an independent Finnish oil refining and marketing company producing mainly traffic fuels and other petroleum products. Neste Oil shares are quoted on the Helsinki Stock Exchange.
 on a 50-50 basis and Neste Oil has chartered the vessel for 10 years.

The Stena Poseidon is a so-called Panamax tanker, i.e. it is designed to be able to pass through the narrow passages in the Panama Canal's locks. In addition, it has been built to Ice Class 1 A specifications, which means that it is able to sail at a speed of five knots in a channel with 1.0 metre thick ice. It provides a 360o view from the bridge together with an extra large cargo intake and adjustable propellers for greater manoeuvrability Noun 1. manoeuvrability - the quality of being maneuverable
maneuverability

mobility - the quality of moving freely

weatherliness - (of a sailing vessel) the quality of being able to sail close to the wind with little drift to the leeward (even in a
 when sailing through ice.

The Stena Poseidon was named at Brodosplit Shipyard in Split at the end of last year together with her sister Palva, which is also is jointly owned by Concordia Maritime and Neste Oil on a 50-50 basis. The Palva has been chartered for 10 years and is expected to be delivered in about a month. The two vessels will operate in part in the Baltic Sea Baltic Sea, arm of the Atlantic Ocean, c.163,000 sq mi (422,170 sq km), including the Kattegat strait, its northwestern extension. The Øresund, Store Bælt, and Lille Bælt connect the Baltic Sea with the Kattegat and Skagerrak straits, which lead to the  and have Finland as their starting point Noun 1. starting point - earliest limiting point
terminus a quo

commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the
 for voyages to North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .

Technical data for the Panamax tankers Length 228.6 m Breadth 32.24 m Draft 20.45 m Deadweight 74,999 tons Cargo volume 85,500 m3

Concordia Maritime is an international tanker shipping company listed on the Nordic Exchange. The company has ordered ten tankers, which are being built in accordance with the MAX concept. These vessels, P-MAX, are product tankers of about 65,200 dwt. The MAX concept means that the vessels are designed for maximum loading capacity in shallow waters. They have been designed according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a new concept for safer oil transportation with double main engines in two completely separate engine rooms, double rudders and steering gear, two propellers and double control systems. www.concordia-maritime.se.

Neste Oil is a well-established North European oil company, which refines and markets high-quality traffic fuels and other petroleum products with reduced environmental impact. The company is listed on the Helsinki Stock Exchange “HEX” redirects here. For other uses, see HEX (disambiguation).
For the numeral system, Hex, see Hexadecimal

For Wikipedia's help pages, see .
.

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Publication:Business Wire
Date:Jan 17, 2007
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