Taking into account the delivery of these three tankers, the company’s fleet will increase to 88 vessels
The Danish tanker company Torm has entered into an agreement on the purchase of three environmentally friendly product tankers with a deadweight of 25-55 thousand tons on the secondary market. The payment will be partially (50%) repaid by issuing 1.42 million additional shares, the company’s press service reports. The transaction amount is $48.5 million.
The vessels were built in 2013 at a South Korean shipyard and meet all the requirements of efficiency and environmental friendliness. They will be handed over to TORM by May 31, 2023. Taking into account the delivery of these three tankers, the company’s fleet will increase to 88 vessels.
Torm A/S (headquartered in Copenhagen, Denmark) is one of the oldest (established in 1889) and the world’s leading carriers of light petroleum products (gasoline, aviation kerosene, diesel fuel). The company operates a fleet of over 80 safe and environmentally friendly vessels ranging from 45,000 to 114,000 DWT in LR1, LR2 and MR classes. Representative offices of the company are located in Manila, Singapore, Mumbai and Houston.