Torm delivers full-year profit in challenging tanker market
Product tanker shipping company Torm achieved a pre-tax profit of USD 3 million in 2017. But the product carrier is still waiting for a recovery. "The market fundamentals are in place," Executive Director Jacob Meldgaard tells ShippingWatch.
![Photo: Torm](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article10166773.ece/ALTERNATES/schema-16_9/tormvessel.jpg)
Updated 12:58 pm CET with comments from Executive Director Jacob Meldgaard
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