
Torm reports a third quarter in which its operating profit surged and the deficit was reduced, due mainly to stronger time charter rates in the product tanker market.
The prospect of the coming IMO sulfur regulations in 2020, combined with individual events, helped drive the rates to the highest level in more than a decade – after the quarter ended.
Get full access for you and your coworkers.
Start a free company trial todayAlready a member? Log in.