TORM A/S (NASDAQ: TRMD) is a global shipping company specializing in the transportation of refined oil products. Its core business centers on product tankers that carry clean petroleum cargoes such as gasoline, diesel, jet fuel and naphtha. TORM offers both time-charter and voyage-charter services, catering to international oil companies, trading houses and major energy producers.
The company operates a modern fleet of medium‐range (MR) and handysize tankers, deploying vessels across key trade routes that link Asia, Europe, the Americas and the Middle East. With corporate headquarters in Hamilton, Bermuda, TORM maintains regional offices in Denmark, Singapore, London and Stamford, Connecticut, positioning it to respond quickly to charterers’ requirements and shifting market dynamics.
Tracing its roots back to Denmark in 1889, TORM has grown into one of the largest independent owners and operators of product tankers worldwide. The business is supported by in-house technical management, crewing, vetting and safety teams, ensuring rigorous standards for vessel performance and regulatory compliance. Governance is provided by a board of directors and a senior management team focused on operational reliability and cost efficiency.
Committed to sustainability and environmental stewardship, TORM continues to invest in eco-design vessels and emission-reduction technologies. By integrating digital tools for voyage optimization and fuel monitoring, the company aims to enhance asset utilization while meeting evolving industry regulations and customer expectations in a cyclic shipping market.
AI Generated. May Contain Errors.