Oaktree to offload stake in Torm after shares rally 289% in 12 months

US fund continues to take advantage of tanker share rally to trim its stakes

Oaktree Capital Management co-chairman Howard Marks continues to trim his stakes in listed product tanker owners. — Oaktree Capital Management co-chairman Howard Marks continues to trim his stakes in listed product tanker owners.Photo: Future Investment Initiative

Singapore/London

Published 30 March 2023, 01:54Updated 30 March 2023, 14:00

Oaktree Capital Management Torm Product tankers shares Denmark