TORM adds two new MR vessels to its fleet
"I am pleased that TORM's strong capital structure allows us to act when we see attractive opportunities to grow the fleet. With these two MR resales delivering in Q3 2017, we have acquired a total of six new high-quality product tankers over the last few weeks. We believe that asset prices are at a cyclical low and that our purchase prices are attractive. Therefore, the timing is right for growing and renewing our fleet," says Executive Director Jacob Meldgaard. TORM has today signed an agreement to purchase two fuel-efficient and high-specification MR resale vessels. The two 50,000 dwt