A/S Dampskibsselskabet TORM, the world’s largest product tanker operator, and Danish conglomerate The A.P. Moller Group have announced agreement by the latter to acquire TORM Lines, a leading liner operator between the US and West Africa. “TORM Lines has a strong position in the US/West Africa market and we are proud of its achievements,” noted Klaus Kjaerulff, chief executive officer of TORM, adding, “For several years, however, TORM’s principal business areas have been the transportation of re...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now