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Torm buys four ships

Product tanker shipping company Torm has entered an agreement to buy four ships. CEO Jacob Meldgaard says the price is "favorable".

Photo: Torm

Torm is expanding its fleet with a purchase of four product tanker ships.

The price of the four MR ships (medium range) amounts to a total of USD 83 million, which CEO Jacob Meldgaard calls "favorable" in an official statement sent out by the shipping company.

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