Denmark's Torm Sells Two Vessels, Exits Dry Bulk Shipping
Danish shipping company said on Wednesday it has sold two dry bulk vessels to an undisclosed buyer and will hand back a leased bulker at the beginning of October, marking its exit from the dry bulk shipping industry.
Torm Anholt and Torm Bornholm are both so-called Panamax vessels and both built in 2004.
The Copenhagen-based shipping company kept its full-year profit guidance of an earnings before interest, taxes, depreciation and amortization (EBITDA) between 190 million and $230 million.
(Reporting by Ole Mikkelsen)