TORM

TORM is a shipping company based in Copenhagen, Denmark, founded in 1889. It specializes in owning and operating a fleet of approximately 90 product tankers that transport refined oil products like gasoline, jet fuel, naphtha, and diesel oil around the world. The company is publicly listed on Nasdaq Copenhagen and NASDAQ New York, highlighting its strong presence in the maritime shipping industry. The fleet primarily consists of product tankers ranging from 45,000 to 114,000 deadweight tons (DWT), focusing on LR2, LR1, and MR vessel classes. TORM's vessels are designed to efficiently transport energy and clean petroleum products from refineries to customers globally. The company operates under a network-based structure called the One TORM platform, which enhances decision-making and responsiveness to customer needs. With offices in multiple countries and a workforce of over 3,300 seafarers, TORM is committed to corporate social responsibility, supporting education initiatives and sailing sports through partnerships with various organizations.