Discover the Iris: Ratings & Maritime News
IMO: 9247778
Crude Oil Tanker, Palau
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Vessel Details
MMSI
511100321
Callsign
T8A3438
Width
32.0 m
Length
183.0 m
Reviews (1)
Richard
2023-07-01
Position: Able Seaman
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Latest News (2)
TORM A/S Sells Vessels to Middle Eastern Buyers for USD Low-Mid 8 Million
In a notable transaction, TORM A/S has successfully sold a group of vessels to buyers in the Middle East. The sale was finalized at a reported price in the low to mid-range of USD 8 million. This deal highlights TORM A/S's strategic focus on optimizing its fleet and responding to market demands.
Torm Continues Fleet Renewal with Sale of Aging Vessel 'Torm San Jacinto'
In a strategic move to refresh its fleet, Torm has sold yet another of its older ships, the 'Torm San Jacinto', for approximately $8 million. This sale marks a significant step in the company's ongoing effort to modernize its fleet. The disposal of the 'Torm San Jacinto' follows the earlier sales of the 'Torm Amazon', 'Torm Cecilie', and 'Torm Gunhild'. Torm has been actively acquiring newer vessels since 2017, and in June 2019, the company expanded its capabilities further by purchasing four additional tankers for a total of $83 million. This ongoing fleet renewal is indicative of Torm's commitment to maintaining a competitive and efficient maritime operation.
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