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Tankers and Gas Finance Sale and Purchase

Torm revenues lifted by improved LR1 and MR freight earnings

  • Danish product tanker first-quarter earnings see improvement over fourth quarter as cannibalisation by crude oil tankers eases
  • Torm chief executive Jacob Meldgaard says company intends to continue to clear out older tonnage as it completes sale of MR units

  • News

Time charter equivalent earnings improved for Torm’s MR and LR1 fleet in the first quarter, but LR2 rates declined compared with the fourth quarter

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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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