Team Tankers gives up its efforts to drive a large-scale consolidation in the product and chemical tanker market. The company is effectively up for sale, Chairman Morten Arntzen tells Tradewinds.
After two failed attempts in 2019 to merge with other shipping companies to become significantly bigger in the tanker market, Team Tankers this year acknowledged that the merger game with Team Tankers as a major consolidator is over.
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