Torm has pulled in funding for a series of products tanker newbuildings.
Copenhagen-listed Torm says a $115m facility will cover the four 114,000-dwt vessels.
The 12-year loan from the Export-Import Bank of China was inked today at Torm’s office on the Hellerup waterfront.
TradeWinds was first to report last November that Torm had booked the LR2s at Offshore & Marine Engineering (CSSC OME), ending a seven-year order drought.
The
