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Torm in USD 100 million operating profit for 1st half of 2015

Torm's largest segment, MR, achieved average spot rates of USD 22,746 per day, which represents a 73 percent increase

BY OLE ANDERSEN
Published:

Carrier Torm finished the second quarter 2015 with an operating profit of USD 47 million and pre-tax result that landed at zero.

"Torm has continued to benefit from the strong product tanker market that prevailed in the first half of 2015 where TORM generated an EBITDA of USD 100 million," says CEO Jacob Meldgaard.

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