Torm Orders Eight 50,000-DWT Tankers from Chinese Shipyard

and are scheduled for delivery between January 2029 and December 2030. The order represents a significant investment for Torm, with the company reportedly paying approximately $46 million per ship. Zhoushan Changhong International Shipyard is known for constructing tankers, and this contract adds to its portfolio of product tanker builds. Torm’s decision to resume newbuilding after nearly a decade reflects strategic fleet renewal and expansion plans. The newbuildings will enhance Torm’s product tanker fleet, supporting its operations in the global shipping market. The deliveries over the next few years will contribute to the company’s capacity and operational flexibility.