Announced
Financials
Sources
Tags
Bermuda
Private
Acquisition
product tankers
Pending
Friendly
Cross Border
Single Bidder
Majority
Marine Transportation
Synopsis
TORM, a Danish shipping company, agreed to acquire eight MR product tankers from Team Tankers for £95m. As explained, the tankers have high technical specifications with six of the vessels having specialized cargo tank configurations and extended tank segregations (IMO 2), allowing for enhanced trading flexibility through chemical trading options, while still being able to work integrated into the existing One TORM operational platform.
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