Inactive Instrument

Company Torm A/S Nasdaq Copenhagen

Equities

TORM

DK0060654812

Oil & Gas Transportation Services

Business Summary

TORM plc is a United Kingdom-based shipping company. The Company owns and operates a fleet of product tankers. The Company’s segments include the Tanker segment, for which the services provided primarily comprise transportation of refined oil products, such as gasoline, jet fuel, and naphtha, and the Marine Exhaust segment, for which the services provided primarily comprise developing and producing advanced and green marine equipment. The Company’s wholly owned fleet of around 90 vessels is specifically configured to move energy and clean petroleum products from refineries to their customers. With vessels varying in size from 45,000 - 115,000 deadweight tonnage (DWT), it offers a range of product tankers. It is present in all large vessel classes in the product tanker market, with specific focus on the LR2, LR1, and MR vessel classes. Its vessels include TORM Hannah, TORM Hellerup, TORM Helene, TORM Hermia, TORM Signe, TORM Elizabeth, TORM Platte, TORM India, TORM Lilly, among others.

Sales per Business

DKK in Million2022Weight2023Weight Delta
Tanker
98.1 %
10,196 99.8 % 10,279 98.1 % +0.81%
Marine Exhaust
3.2 %
42 0.4 % 331 3.2 % +692.11%
Intersegment Elimination
-1.2 %
-21 -0.2 % -131 -1.2 % +537.90%

Sales per region

DKK in Million2022Weight2023Weight Delta
Global
100.0 %
10,217 100.0 % 10,478 100.0 % +2.56%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 10-03-31
Director of Finance/CFO 55 19-11-30
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer 54 14-08-31
Corporate Officer/Principal 57 -
General Counsel 59 11-05-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 15-07-31
Chief Executive Officer 55 10-03-31
Director/Board Member 62 20-04-11
Chairman 53 15-07-31
Director/Board Member 62 15-07-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 525,000,000,000 1 0 0 99.07 %
Stock B 1 1 0 0
Stock C 1 93,716,321 92,840,749 ( 99.07 %) 493,371 ( 0.5265 %)

Shareholders

NameEquities%Valuation
Oaktree Capital Management LP
55.39 %
51,006,538 55.39 % 1 733 M kr
Oaktree Capital Management LP (Investment Company)
55.39 %
51,006,538 55.39 % 1 733 M kr
Arrowstreet Capital LP
1.657 %
1,525,667 1.657 % 52 M kr
Vanguard Fiduciary Trust Co.
1.187 %
1,093,480 1.187 % 37 M kr
Lån & Spar Bank A/S (Investment Management)
0.8144 %
750,000 0.8144 % 25 M kr
Norges Bank (13F)
0.8008 %
737,526 0.8008 % 25 M kr
Two Sigma Investments LP
0.7344 %
676,368 0.7344 % 23 M kr
FIL Gestion SASU
0.7082 %
652,234 0.7082 % 22 M kr
FIL Investments International
0.7029 %
647,287 0.7029 % 22 M kr
Two Sigma Advisers LP
0.6081 %
560,000 0.6081 % 19 M kr
NameEquities%Valuation
Oaktree Capital Management LP (Investment Company)
100.00 %
1 100.00 % 34 kr

Company contact information

TORM Plc

20 St. Dunstan’s Hill Office 105

EC3R 8HL, London

+44 20 3795 2794

http://www.torm.com
address Torm A/S(TORM)

Group companies

NameCategory and Sector
Marine Shipping
TORM Shipping India Pvt Ltd.
Marine Shipping