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Tankers and Gas Ship operations Denmark

Torm expects 5% product tanker growth on IMO 2020

Product tanker trade is expected to grow by 5% in 2020 owing to the new emissions rules set by the International Maritime Organization. That should help boost earnings, according to Danish owner Torm

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Product tanker earnings should see a boost from the second half of this year as demand growth of 5% is expected to outweigh vessel supply growth of about 3%, says Danish owner Torm

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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