TORM plc
TRMD·NASDAQ·Energy & Transportation·CIK 0001655891
TORM is one of the world's largest carriers of refined oil products. The company's primary activities involve the transportation of clean petroleum products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil. Occasionally, TORM also transports dirty petroleum products, such as fuel oil. TORM operates across all larger vessel classes within the product tanker market, ranging from MR to LR2 tankers.
TORM utilizes an extensive in-house operating and management platform that handles commercial, administrative, and technical management for its vessels. Through this integrated platform, TORM manages the commercial aspects of all its vessels and the technical management of all its owned vessels, with the exception of three vessels whose technical management is handled by an unaffiliated third party. Additionally, all vessel sale and purchase activities are conducted in-house, leveraging relationships with shipbrokers, shipyards, financial institutions, and other shipowners. As of December 31, 2025, TORM's fleet of owned product tankers, including chartered-in vessels, includes LR2 tankers such as the TORM GABRIELLA (119,456 DWT, built 2010), TORM GANGA (119,456 DWT, built 2010), TORM GAURI (119,456 DWT, built 2010), TORM GEMMA (119,456 DWT, built 2012), TORM GENESIS (119,456 DWT, built 2011), TORM GITTE (119,456 DWT, built 2010), TORM GLORIA (119,456 DWT, built 2011), TORM GRACE (119,456 DWT, built 2012), TORM GWENDOLYN (119,456 DWT, built 2010), TORM GWYNETH (119,456 DWT, built 2010), TORM HANNAH (109,999 DWT, built 2016), TORM HELLERUP (114,000 DWT, built 2018), TORM HELENE (114,000 DWT, built 2021), TORM HERMIA (114,000 DWT, built 2018), TORM HERDIS (114,000 DWT, built 2018), and TORM HILDE (114,000 DWT, built 2018).