Torm settles its finances: "This means a lot to us"
Torm has spent the past six months settling its new credit facility with a large consortium of European shipping banks. "We get a liquidity that will be manageable for the next many years," CFO tells ShippingWatch.
Chief Financial Officer Kim Balle has been busy in recent months, where he has, along with other colleagues at Torm, been negotiating the shipping company's future credit facilities with a series of banks.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Torm secures major refinancing
For subscribers
Torm and DFDS say scrubber installations are delayed
For subscribers
