Torm bags USD 107m profit after doubling TCE rates

Product tanker carrier Torm multiplies its second-quarter earnings after TCE rates have doubled compared to the same period last year.
Photo: Marine Traffic / Rasmus Hoffmann
Photo: Marine Traffic / Rasmus Hoffmann

Torm continues to profit from the product tanker upswing, landing a pre-tax result of USD 107m in the second quarter.

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