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Concordia: Stena Poseidon and Palva Named in Split.


STOCKHOLM, Sweden -- The product tankers Stena Poseidon and Palva, which are 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, will be named today. The double naming ceremony A naming ceremony is the event at which an infant is given a name or names. They can occur anywhere from mere days after birth to several months afterwards. Some of these ceremonies have religious or cultural siginifcance.  will be held at Brodosplit Shipyard in Split. The two vessels are so-called Panamax tankers, i.e. they are designed to be able to pass through the narrow passages in the Panama Canal's locks. In addition, they have been built to Ice Class 1 A specifications, which means that they are well suited for service in icy waters. Neste Oil has chartered both tankers for 10 years.

The vessels' godmothers are Mrs. Ainomaija Haarla and Mrs. Maarit Toivanen-Koivisto, respectively. Attendees at the ceremony include Hans Noren, President of Concordia Maritime, Ulf G. Ryder, President of Stena Bulk, Risto NEnsi, President of Neste Oil and Goran Vukasovic, President of Brodosplit Shipyard.

The Stena Poseidon will be delivered later this month.

The vessels are equipped in accordance with Ice Class 1 A specifications, which means that they are able to sail at a speed of five knots in a channel with 1.0 metre thick ice. They provide a 360(degree) 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 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 (m[thorn])

Concordia Maritime is an international tanker shipping company listed on the O List on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. . 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 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:Nov 16, 2006
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