Torm reports eight LR2 newbuildings through joint venture

Splash247 reports that Torm has agreed eight LR2 tanker newbuildings through a joint venture in which it holds an equal share. The publisher says Torm disclosed the agreements in its third-quarter results and said they were signed after September.

The report does not identify the joint-venture partner or shipyard, and gives no prices or delivery dates for these eight vessels. The underlying company results were not independently reviewed for this brief.

Source: Splash247 · original report