Torm stays away from disputed refinery with ties to Russia

Competitor Hafnia is in the spotlight of authorities and investors due to oil transports from an Indian refinery partly owned by a Russian company.
”Shortly after the Russian invasion in 2022, Torm took a clear stand not to enter into new business involving Russian customers or ports,” Torm states in a written comment to ShippingWatch. | Photo: Carsten Lundager
”Shortly after the Russian invasion in 2022, Torm took a clear stand not to enter into new business involving Russian customers or ports,” Torm states in a written comment to ShippingWatch. | Photo: Carsten Lundager

Torm has deliberately chosen not to ship oil from the Indian refinery Nayara Energy with ties to Russia’s largest and state-owned oil company.

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