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Major impairment hits Torm with USD 142 million loss in 2016

Tanker:

A large impairment of USD 185 million dragged Torm into a USD 142 million deficit in 2016. Like the rest of the tanker market, the carrier came under pressure from the sliding demand for tanker vessels in the second half of the year. The carrier will no longer publish its expectations.


BY OLE ANDERSEN
Published 09.03.17 at 08:33

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