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TORM Confirms Product Tankers Sale

Maritime Activity Reports, Inc.

December 12, 2013

On November 29, 2013, TORM announced an agreement in principle to sell four MR product tankers to entities controlled by Oaktree Capital Management. All necessary approvals have now been obtained, and the agreement has subsequently become unconditional as per the outlined terms and conditions.

The vessels are TORM Alexandra (2010), TOMR Agnete (2010), TORM Arawa (2012) and TORM Anabel (2012).

torm.com

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