TORM plc
Business
TORM plc is a publicly listed shipping company that operates one of the world’s largest fleets of product tankers, providing seaborne transportation of refined oil products. It primarily offers transportation services for clean petroleum products such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally handles dirty petroleum products like fuel oil. The company’s operations are organized into two main activities: its Tanker segment (MR, LR1 and LR2 vessels operated in a combined internal pool) and its Marine Engineering activities. TORM plc employs vessels worldwide through spot market employment, time charters, COAs and sale-and-leaseback arrangements, and supports commercial and technical operations via an integrated in‑house management platform with offices across Europe, Asia, the Middle East and the United States.
Summary from filing dated 2025-03-06
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | — |
| Net income | $286.00M |
| Total assets | $3.37B |
| Total liabilities | $1.16B |
| Stockholders' equity | — |
| Operating cash flow | — |