TEAM has entered into an agreement to sell eight 2007-2012 built MR product tanker vessels to TORM for a total cash price of USD 82.5m and the issuance of 5.97 million TORM shares.
Team Tankers International Ltd. reported EBITDA for the 2nd quarter of $21.7 million, compared with $16.5 million in the 1st quarter of 2020 (Q2’19: $11.8 million).
Team Tankers International’s strong position within chemical tankers and Maersk Tankers’ industry-leading commercial management have been brought together in a new cooperation.
Team Tankers International Ltd. is pleased to announce a JV with V.Group, whereby Team will transfer its in-house managed fleet, consisting of ten MRs and two 25k coated vessels, to the JV.