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