Oaktree projects more consolidation in tanker

Oaktree, Torm's discreet US-based owner, is one of the equity funds that could decide if the consolidation in the tanker sector takes off for real. Tobias Backer, Managing Director at Oaktree Capital Management, says that a new consolidation wave has been kicked off.

by ANNE LOUISE HOUMANN

NEW YORK

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Equity funds preparing to exit tanker shipping
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