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Torm rejuvenates its fleet - and gains a new major shareholder

With the acquisition of two ships, product tanker shipping company Torm increases its fleet by almost 10% and simultaneously gains new co-owners with a stake of 5-6% in the company
On Thursday, Torm purchased eight used LR2 tankers from Norwegian SKS Tankers Holding.

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The eight ships, all from 2010-2012, will be added to the four MR tankers that Torm acquired in late October from the American company Alterna Capitals.

With the purchase of 12 new tankers and the sale of seven older vessels, Torm ...
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