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Torm CEO sees no burning platform in the green transition

Product tanker shipping company Torm's chief executive does not see the shift from fossil fuels to green energy as a burning platform. In the long term, new business legs may arise.

Photo: PR/Torm

Opinions are divided in terms of how the product tanker market should develop this year and in the years to come due to a massively increased global pressure on fossil fuels from green energy technologies.

Did global demand for oil peak in 2019? Or will both the oil production and demand pick up its former speed towards the end of 2021 once the corona fog clears and vaccine roll-outs make it possible to reopen global economies?

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