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Trade & Logistics

4 November 2026

Torm strikes eight-tanker newbuild deal in joint venture push

Downunder Voices Newsroom

Source reporting: Splash247

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Torm strikes eight-tanker newbuild deal in joint venture push

Danish product tanker giant Torm has stepped up its fleet expansion with agreements for eight LR2 newbuildings through a 50:50 joint venture. The Copenhagen- and New York-listed owner disclosed the latest contracts in its third-quarter results, confirming that the agreements were signed after the end of September. Torm has not identified its joint venture partner …

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