TORM takes 75 pct stake in scrubber supplier

Danish tanker shipping company TORM has taken majority ownership in compatriot scrubber supplier ME Production (MEP). Namely, TORM has bought a 75% ownership stake in the company from the present owner and founder, Jens Peter Faldt, who will retain the remaining 25% ownership. The transaction builds upon close cooperation between the two companies. Over three years … Continue reading TORM takes 75 pct stake in scrubber supplier