Concordia Maritime AB is a Swedish shipping company that operates in the marine shipping sector. The company was founded in 1984 and has since then grown to become a leading player in the industry. Concordia Maritime AB is listed on the Stockholm Stock Exchange and has a market capitalization of around SEK 1.5 billion.

The company operates a fleet of tankers that transport crude oil and refined petroleum products. The fleet consists of ten vessels, including four Suezmax tankers, four P-MAX tankers, and two Aframax tankers. The P-MAX tankers are the company's flagship vessels and are designed to be the most efficient and environmentally friendly tankers in the world.

Concordia Maritime AB is committed to decarbonisation and reducing its carbon footprint. The company has set a target to reduce its greenhouse gas emissions by 25% by 2025 compared to 2015 levels. To achieve this, the company is investing in new technologies and alternative fuels. The P-MAX tankers are equipped with energy-efficient engines and hulls that reduce drag and improve fuel efficiency. The company is also exploring the use of biofuels and other renewable energy sources to power its vessels.

In addition to reducing its own carbon footprint, Concordia Maritime AB is also helping its customers to decarbonise. The company offers corporate energy solutions, including corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy supplier that guarantees a fixed price for electricity over a set period. This allows companies to reduce their carbon footprint and meet their sustainability targets while also saving money on energy costs.

Concordia Maritime AB has already signed several corporate PPAs for renewable energy. In 2020, the company signed a 10-year agreement with a wind farm in Norway for the supply of renewable energy to its Swedish office and vessels. The wind farm will provide enough energy to power 40% of the company's operations in Sweden. The company has also signed a similar agreement with a solar farm in Spain.

Concordia Maritime AB is also involved in several initiatives to promote sustainability in the shipping industry. The company is a member of the Clean Shipping Alliance 2020, which is a group of companies committed to reducing emissions from ships. The company is also a member of the Swedish Shipowners' Association, which promotes sustainable shipping practices in Sweden.

In conclusion, Concordia Maritime AB is a leading player in the marine shipping sector that is committed to decarbonisation and reducing its carbon footprint. The company is investing in new technologies and alternative fuels to improve the efficiency of its vessels and exploring the use of renewable energy to power its operations. In addition, the company offers corporate energy solutions, including corporate PPAs for renewable energy, to help its customers decarbonise and meet their sustainability targets. Concordia Maritime AB is a responsible corporate citizen that is actively working to promote sustainability in the shipping industry.