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Tankers and Gas Denmark International

Torm buys LR2s as recovery looms

The recovery in the product tanker market will come about once ‘a normalisation of mobility’ is seen following a greater uptake of Covid vaccines, Danish owner and operator says. That could happen in the coming quarters, although the picture is uneven at the moment

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Chief executive says it was ‘an opportune time’ to build the fleet as it buys three long-range two vessels from Okeanis Eco Tankers

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