TORM

#4781

Rank

$1.84B

Marketcap

United Kingdom

Country

Leadership team

Mr. Jacob Balslev Meldgaard (CEO & Exec. Director)

Mr. Kim Balle (Chief Financial Officer)

Mr. Jesper Sondergaard Jensen (Sr. VP & Head of Technical Division)

Products/ Services

Shipping, Transportation, Warehousing

Number of Employees

100 - 500

Headquarters

London, England, United Kingdom

Established

1889

Company Registration

SEC CIK number: 0001655891

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

TRMD

Social Media

URL

https://www.torm.com

Overview

Location

Recognition and Award

References

Summary

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.

History

Torm was founded by Ditlev Torm and Christian Schmiegelow in 1889. The company was listed on the Copenhagen Stock Exchange in 1905. Today, TORM is listed on Nasdaq Copenhagen and NASDAQ in New York.

Mission

TORM’s mission is to create shareholder value by delivering safe, reliable, and profitable shipping solutions to our customers and suppliers.

Vision

Our vision is to be the preferred partner in global shipping and related industries, recognized for our innovation, excellence in operations, and commitment to sustainability.

Key Team

Andreas Abildgaard-Hein (VP, Head of Group Treasury & Investor Relations)

Mr. Lars Vang Christensen (Sr. VP & Head of Projects)

Mr. Morten Agdrup (VP and Head of Corp. Fin. & Strategy)

Recognition and Awards

TORM has been recognized by professional bodies such as Lloyd’s List, Great Place to Work, Credit Suisse and INSEAD Business School. In 2020, we won the prestigious Lloyd’s List ‘Excellence in Shipping’ award, recognising our dedication to innovation and excellence in operations.