Stock exchange watching Torm closely

The Copenhagen Stock Exchange has placed Torm on its so-called observation list, as ship sales and impairments will result in a negative equity for the carrier in the 1st quarter 2014.

After Danish Ship Finance exercised its option related to Torm, the carrier has now been givern observation status at the Copenhagen Stock Exchange, as the divestment of ships and subsequent impairments mean the company will hold a negative equity in the first quarter 2014.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs