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TORM to buy seven LR1 vessels for $233m

Danish shipping company TORM has signed two separate cash deals worth around $233m for the acquisition of seven LR1 tanker vessels.

TORM buys seven LR1 tankers for $233 million

Danish tanker company TORM has entered into agreements to acquire a total of seven 2011-2013 built LR1 vessels.

TORM takes 75 pct stake in scrubber supplier

Danish tanker shipping company TORM has taken majority ownership in compatriot scrubber supplier ME Production (MEP).

Torm acquires 75% of scrubber supplier

Torm acquires 75% of scrubber supplier
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