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A/S Dampskibsselskabet Torm
A/S Dampskibsselskabet TORM: Sale of One Product Tanker and Increased Expectations of USD 295-315 Million
August 1st, 2008
As part of TORM's planned fleet renewal according to the Company's strategy "Greater Earning Power 2.0" TORM has entered into an agreement to sell the product tanker TORM Gotland (45,000 dwt, built in 1995) at a very satisfactory price. The vessel is expected to be delivered in September/October 2008. As a result of the sale, TORM adjusts the guidance for the 2008 result before tax to USD 295-315 million from the previous forecast of USD 275-295 million. Keywords: A/S Dampskibsselskabet Torm. This article was prepared by Health Business Week editors from staff and other reports. Copyright 2008, Health Business...
Source: Health Business Week (2008-08-01)
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