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Torm takes delivery of first newbuildings in years

The six newbuildings that Oaktree, the US-based equity fund and primary stakeholder in Torm, placed in the carrier will be delivered already in March.

Photo: Torm

Approximately one month from now, in early March, Torm will take delivery of the six eco-design newbuildings which new controlling stakeholder Oaktree Capital Management placed in the tanker carrier as part of the restructuring.

Torm has just received the fifth, Torm Torino, of the total six medium-size MR product tanker vessels from Korean shipbuilder Sungdong, informs the carrier in a press release Monday.

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