TORM plc
Close on Oct 19, 2026
- Market cap
- $3.92B
- P/E (TTM)
- 13.2
- Dividend yield
- 5.64%
About TORM
Deep Sea Foreign Transportation of Freight, SIC 4412
TORM plc is an international shipping enterprise that specializes in the seaborne carriage of refined petroleum goods and marine engineering services. Through its Tanker operating segment, the organization provides bulk liquid cargo transport via a specialized commercial tanker vessel fleet. Through its Marine Engineering segment, the group develops, manufactures, and installs environmental maritime systems, focusing on emissions scrubbers, specialized welding, mounting operations, and associated technical solutions. Its customer base includes petroleum traders, energy producers, and maritime vessel operators requiring specialized transportation and marine hardware equipment.
The group maintains commercial activities and property across diverse international locations, with primary geographic presence and assets recorded across the United Kingdom, Denmark, Singapore, the United States, and the United Arab Emirates, alongside other global operations. Its tangible assets comprise commercial tankers, capitalized vessel dry-docking assets, shore facilities, and construction in progress. TORM plc maintains its corporate parent registered office and headquarters within the United Kingdom.
Summary of the business section of TORM's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TORM plc
- Headquarters
- London, X0
- Address
- Office 506, 20 St Dunstan'S Hill EC3R 8HL
- Phone
- 44 203 286 6222
- Employees
- 481, Dec 31, 2025
- Industry
- Deep Sea Foreign Transportation of Freight
- Incorporated in
- X0
- Fiscal year ends
- December 31
- Auditor
- EY Godkendt Revisionspartnerselskab, Copenhagen, Denmark
Stock & identifiers
- Ticker
- TRMD
- Exchange
- Nasdaq
- IPO date
- Feb 23, 2018
- Shares outstanding
- 101M, Dec 31, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1655891
- CUSIP
- G89479102
- ISIN
- USG894791023
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jacob Balslev Meldgaard | Chief Executive Officer, Director | 85,067 |
| Kim Balle | Chief Financial Officer | 764 |
| Jesper Sondergaard Jensen | Head of Technical Division | – |
| Lars Christensen | Head of Projects | – |
| Christopher Helmut Boehringer | Director | 21,204 |
| Par Goran Trapp | Director | – |
| Simon Mackenzie Smith | Director | – |
| Annette Malm Justad | Director | – |
Employees
Headcount reported in annual reports
“As of December 31, 2025 , we employed approximately 481 people in our offices in China, Denmark, India, the Philippines, Singapore,”