Denmark's Torm has acquired two MR tankers from Cido Shipping at a lower price than a reported deal between the companies last year, which was never finalised.
Brokers said the 46,800-dwt Atlantic Pegasus and Atlantic Queen (both built 2010) have changed hands for about $16.3m each.
Torm, a product tanker owner listed in Copenhagen and on New York's Nasdaq, was reported to have bought the vessels in June last year for...
