TORM plc Overview
Pro stress-test →TORM is a shipping company based in Copenhagen, Denmark that owns and operates product tankers carrying refined oil products such as gasoline, jet fuel, naphtha and diesel oil. As one of the leading tanker carriers of clean oil products, the company operates approximately 80 vessels globally.
Strategic Profile
Pro stress-test →TORM operates through two segments: Tanker (transporting refined oil products) and Marine Engineering (developing advanced and green marine equipment). The company operates a fleet of modern vessels and is dedicated to safety, environmental responsibility, and customer service.
Competitive Landscape
Pro stress-test →Competitors in the sector include Dorian LPG Ltd., International Seaways Inc., Scorpio Tankers Inc., FLEX LNG Ltd., and DHT Holdings Inc. TORM differentiates through its long operational history, modern fleet, and investment in green marine engineering alongside core tanker operations.
Industry Context
TORM plc operates in Oil & Gas Midstream / Shipping & Transportation.
Key facts
Founded: 1889 · Headquarters: London, UK · Market cap: $1.6B