TORM plc
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Jacob Balslev Meldgaard
- Full Time Employees
- 588
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 120 Cannon Street London LO United Kingdom EC4N 6AS
- IPO Date
- Feb 23, 2018
- CIK
- 0001655891
- Website
- torm.com
- Similar Companies
- Business
- TORM plc is a United Kingdom-based shipping company specializing in the ownership and operation of a fleet of approximately 80 modern product tankers that transport refined petroleum products such as gasoline, jet fuel, kerosene, naphtha, diesel oil, and various chemicals, as well as dirty petroleum products including fuel oil. Its core business segments include Tanker, which focuses on the transportation of clean and dirty petroleum products, and Marine Engineering, which develops and produces advanced and environmentally friendly marine equipment. The company operates globally with a presence supported by offices and vessels in key regions, and it adheres to stringent safety and environmental standards. Founded in 1889 and headquartered in London, TORM plc delivers its services under a unique integrated operational model known as One TORM, which prioritizes market responsiveness, operational efficiency, safety, and transparency. Recent major developments include TORM's achievement of a 40% reduction in carbon intensity by the end of 2024, surpassing the International Maritime Organization's 2030 environmental targets ahead of schedule. The company remains committed to further emission reductions, targeting net-zero CO2 emissions by 2050. Financially, TORM has expanded its capital base through a share capital increase in November 2025 linked to the exercise of restricted share units as part of its incentive program, reflecting strong shareholder engagement. The company also continues strategic focus on fleet renewal with eco-friendly vessels and maintains operational excellence to navigate geopolitical and market challenges, positioning itself for sustained growth and value creation in the shipping industry. TORM's business targets a diverse range of customers requiring reliable, safe, and sustainable transportation of petroleum products, with a strategic emphasis on leveraging technology and innovation to enhance vessel efficiency and reduce environmental impact. Supported by a seasoned senior management team, TORM plc operates with approximately 479 employees and maintains a robust governance structure with a professional board of directors. Its global operations, long-standing heritage, and ongoing commitment to sustainability and operational excellence underscore its position as one of the leading product tanker operators worldwide.
Company News
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
TORM plc (TRMD) Q2 2026 Earnings Call Transcript
Torm Q2 Earnings Call Highlights
TORM plc Q2 2026 Results, Dividend Distribution, and Financial Outlook 2026
TORM plc Q2 2026 Results, Dividend Distribution, and Financial Outlook 2026
TORM plc Appoints Jann Brown to the Board of Directors
TORM PLC - Major Shareholder Announcement
TORM PLC (TRMD) Stock Up 3.0% but GF Value Says Overvalued -- GF Score: 71/100
Billionaire Investor Howard Marks' Top 5 Holdings: A Buy at These Prices?
TORM PLC (TRMD) Shares Fall 3.4% -- What GF Score of 73 Tells Investors
TORM: Back On Sale, Q2 Results Could Restore Its Premium (Upgrade)
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
TORM plc: Potential Merger, Strong Dividend, What's Not To Love Here
Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
TORM PLC (TRMD) Stock Down 5.6% but Still Overvalued -- GF Score: 73/100
Torm Q1 Earnings Call Highlights
TORM plc (TRMD) Q1 2026 Earnings Call Transcript
TORM plc Q1 2026 Results, Dividend Distribution, and Financial Outlook 2026