Denmark: Tanker and dry bulk shipper, TORM, has entered into an agreement to sell the two Kamsarmax dry bulk newbuildings, ‘TORM Karen’ and ‘TORM Kate’. Both vessels are planned to be delivered to TORM in the first quarter of 2011. The newbuildings have been sold for a total consideration of US$90 million with a total net loss of US$16 million
Green Marine
about 16 years ago
TORM to sell two dry bulk newbuildings
Denmark: Tanker and dry bulk shipper, TORM, has entered into an agreement to sell the two Kamsarmax dry bulk newbuildings, ‘TORM Karen’ and ‘TORM Kate’. Both vessels are planned to be delivered to TORM in the first quarter of 2011. The newbuildings have been sold for a total consideration of US$90 m
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