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Posts Tagged ‘Torm’

Noble charters Aframax to store diesel off Europe

Singapore-listed commodities and energy firm Noble Group (NOBG.SI) has time-chartered an Aframax, Torm Mathilde, to store diesel for the first time in its maiden voyage to Europe, trading and shipping sources said on Tuesday.

The Torm Mathilde is the latest addition to the rising volumes of distillates being stored at sea, mainly off Europe, which are estimated to hit 100 million barrels by January.

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