Torm believes the world is over the worst of 2020 and is looking forward to a period of "normalisation", the product tanker owner’s executive director said.
Jacob Meldgaard told TradeWinds that a horizon is finally in sight for the current global health crisis and that the commercial environment should stabilise after mass Covid-19 vaccinations.
"We will have a vaccine, it will be rolled out and then the normalisation of the global economic system, including consumer behaviour, will lead to improvement in our [freight] rate environment,"...
