Tanker

Torm may recover million dollar loss in a few months

Torm went from a historically bad market to the best rates in years in a very short time. "I expect it to be the best result since the same period of 2016," says CEO Jacob Meldgaard to ShippingWatch about the start of 2019.
Torm's Executive Director Jacob Meldgaard. | Photo: Ritzau Scanpix/Mik Eskestad
Torm's Executive Director Jacob Meldgaard. | Photo: Ritzau Scanpix/Mik Eskestad
by NIKLAS KRIGSLUND

Six months have made all the difference for Danish product tanker company Torm, which is back to earning money following a difficult 2018.

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