Tanker

Torm CEO after large deficit: Market has already turned

The recovery of a miserable product tanker market is well underway, says Executive Director Jacob Meldgaard in an interview with ShippingWatch after the company delivered yet another significant deficit in the third quarter.
by DANIEL LOGAN, SØREN PICO

The product tanker recovery is underway, says Torm Executive Director Jacob Meldgaard, even though the shipping company has just gone through the worst market seen in the eight years he has headed the company.

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