Dry CargoEurope

Chartworld buys kamsarmax for $16.5m

Copenhagen: Torm’s mission to focus on tankers at the expense of bulkers has resulted in another sale. Brokers say Chartworld has bought the the five-year-old,  82,000 dwt Torm Trader for $16.5m.

Torm Trader is one of eight bulkers debt ridden Torm has listed on its website.

Torm has said it plans to scale down bulk activities in favour of tankers with the eventual aim of being a pure product tanker firm.

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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