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Tankers and Gas Sale and Purchase International

Torm buys eight MR tankers for cash and shares

Danish product tanker owner Torm has bought eight vessels built before 2012 for $82.5m in cash and the issuance of 5.97m shares

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Update: Company head says it was the right time to expand its fleet. It sees itself as a consolidator in the product tanker market

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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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