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Torm strikes eight-tanker newbuild deal in joint venture push

Original · Splash247 · Shipping · 2h ago
Danish product tanker giant Torm has stepped up its fleet expansion with agreements for eight LR2 newbuildings through a 50:50 joint venture. The Copenhagen- and New York-listed owner disclosed the latest contracts in its third-quarter results, confirming that the agreements were signed after the end of September. Torm has not identified its joint venture partner…
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