Announced

TORM to acquire eight MR product tankers from Team Tankers for £95m.

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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