Commercial Management

The Company has long established relationships and detailed operating experience with leading global energy suppliers, ship brokers, ship owners, agents, and third-party ship managers in the midsized and large tanker markets.

Concord provides its customers with all aspects of commercial management, operations, and administrative services including – market research; compliance screening; chartering and operations; revenue, expense management and analysis; accounting, banking and cash management.

Project Investing


Concord’s unique service-oriented management platform – with its transparency, reporting, cash flow management, commercial performance, and simple and flexible structure – is ideally suited for third-party investments in the shipping markets.  Over the years, Concord has managed positions in ship leases, known as “time charters”, at fixed daily rates for a set duration of time, and has employed these vessels in its shipping pools.  Since its creation, Concord has developed, and led investments, in a variety of projects, in both assets and time charters, returning a multiple of invested capital in each of its projects.   

The Company’s investment philosophy is consistent – it starts with our deep understanding of the unique requirements in each of the regional crude oil markets, basic investment fundamentals, and our particular close attention to a rapidly changing world order.  Closely following geopolitical events and analysis, we identify emerging trends early along the curve, develop projects that will directly be impacted by these events, and put our capital, along with third party capital, to work.  Bespoke commercial strategies are created for each project and adjusted as the market develops. 



      Shipping Pools

      Organized in a simple, straightforward structure to provide third party participants with the strength, security, and economies of scale of a large ship owner but with the fairness, transparency, and reliability of an independent, professional manager.  Focused exclusively on commercial performance and the bottom-line results of its partners – 100% of the Pools’ bunkers and services are sourced from unrelated third‐party providers.  The Pool manages voyage cash requirements with a working capital facility provided by a first-class lender.  Partners have real time access to operational and financial performance through a proprietary online reporting platform with results audited by a major accounting firm.


      Dakota Tankers

      A global operator of Aframaxes and LR2s established in August 2018.  The vessels are employed in the international tramp markets with voyage triangulation a key driver of commercial performance.