Post by ShippingWatch

If Oaktree Capital Management, L.P., the largest shareholder of the Danish tanker company TORM, moves forward with internal plans to sell off additional shares of its holding in the company, a bid from rival and minority shareholder Hafnia would be an obvious move, suugests Jørgen Lian, a shipping analyst at the Norwegian bank DNB Carnegie, who covers the Singapore-based product tanker company Hafnia. “One could imagine that a company like Hafnia, which has been quite open about its ambitions to consolidate its position, would be interested in bidding for that stake,” he says in an interview with ShippingWatch on Tuesday. #shipping #oceanfreight #mergersandacquisitions #investing  https://lnkd.in/ePwsMECA