TORM has yesterday entered into an agreement to purchase eight 2007-2012 built MR product tanker vessels from TEAM Tankers Deep Sea Ltd. for a total cash consideration of USD 82.5m and the issuance of 5.97 million shares. The transaction will increase TORM’s total fleet to 83 vessels on a fully delivered basis. The vessels are …
The post TORM purchases eight MR product tankers with chemical trading capabilities from TEAM Tankers in a partly share-based transaction first appeared on Hellenic...