Torm multiplies profits in "sustained strong" product tanker market

The oil carrier makes no changes to its guidance in a tanker market that benefits from widespread uncertainty about rates, says CEO Jacob Meldgaard. Acquiring more vessels is on the company horizon.
Photo: Marine Traffic / Rasmus Hoffmann
Photo: Marine Traffic / Rasmus Hoffmann

New trade patterns within the tanker market still keep activities bustling, sending freight rates soaring for Torm.

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:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading