Torm looks to have taken a leaf out of the book of American entrepreneur Victor Kiam who famously said: “I liked the product so much; I brought the company.”

Well, the Danish product tanker owner has just purchased an ownership stake of 75% in ME Production (MEP), a Danish industrial company that builds exhaust gas cleaning scrubbers.

“The new partnership builds on a year-long collaboration between Torm and MEP with the two companies working closely together, especially in relation to Torm’s substantial scrubber commitment,” the shipowner said.