ShippingWatch

Torm under pressure from new deficit and lacking creditor agreement

The shipping company Torm has a pre-tax deficit of $59 million in the second quarter of 2012 before special items of $73 million, writes the company, which has not yet reached an agreement with its creditors.

Torm has a pre-tax deficit of $59 million in the second quarter of 2012 before special items of $73 million, writes the company in its financial report.  

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