Torm has signed agreements to refinance nine more MR product tankers through sale-and-leaseback deals that will give the company a $75.5m shot of liquidity.
The Danish tanker owner fell to a steeper loss during the third quarter on the back of historically low product-tanker freight rates in a chronically imbalanced market.
"The market for refined oil is at present negatively impacted by the restricted crude supply not meeting demand,...
