• 2015 September 24 10:37

  TORM sells two Panamax vessels and exits bulk activities

  

  TORM has entered into an agreement with an unrelated third party to sell the two Panamax bulk vessels TORM Anholt and TORM Bornholm  (both  built in 2004 ), the company said in its press release. The vessels are  expected to be delivered to the new owner during  October and November 2015.

  The sale is in line with TORM’s strategy to exit the bulk activities and focus on scale and operational platform in the product tanker segment.  TORM’s other bulk activities cover one  chartered - in vessel which will be redelivered to the owner in  the  beginning of  October 2015 , and  TORM will thus fully exit  all bulk activities following the sale of TORM Anholt and TORM Bornholm.

  About TORM

  TORM is one of the world’s leading carriers of refined oil products. The Company operates a fleet of approximately  8 0 modern vessels with a strong commitment to safety, environmental responsibility and customer service. TORM was founded in 1889. The Company conducts business worldwide and  is headquartered in Copenhagen, Denmark.

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