EuropeTankers

Torm back for more of Alterna’s MR fleet

Brokers tell Splash that Denmark’s Torm has dipped into the secondhand market, tabling $150m for four tankers, adding the Hyundai Mipo-built 50,000 dwt Marie S, Essie Jane S, and Nancy P from Alterna Capital. All ships were delivered between 2015 and 2016.

It’s unclear if this is a pure cash purchase or cash plus stock, as previously was done between Alterna Capital and Torm. 

This spring, Torm purchased three same-sized 2013-built MR tankers from Alterna Capital for around $32.3m each on the basis of 50% cash and 50% shares. 

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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