ShippingWatch

Torm sued by Asian shipowner following tanker vessel dispute

A Singapore-based shipowner has filed a lawsuit against Torm at a British court for having returned two tanker ships in "an untradeable condition." Torm denies the accusations.

Photo: Torm

Product tanker company Torm is being taken to court in the UK by Singapore-based shipowner First Ship Lease.

First Ship Lease accuses Torm of having redelivered two tanker ships in "an untradeable condition." The suit concerns the two product tanker ships Torm Marie and Torm Margrethe, which Torm and First Ship Lease signed a leaseback contract for in 2011.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

MPC upgrades 2022 guidance after strong first half

MPC Container Ships reports continued advancement in Q2, raising guidance for its operating result to almost half a billion dollars. High rates will continue for several quarters yet, the company expects.

Further reading

Related articles

Latest news

See all jobs