Oaktree-backed Torm has revealed plans to take up a stock listing in the US.
Torm, which was restructured for a second time this year, says it plans to join the New York Stock Exchange in 2016.
The new structure will see the tanker owner’s shares continue to trade on the Nasdaq Copenhagen.
Torm would head to the US capital markets as the third largest public products tanker owner in the world, behind Scorpio Tankers and Maersk Tankers, Clarksons data shows.
