Latest TORM News & Updates

See the latest news and media coverage for TORM. We track all announcements, press releases, and industry mentions in real time, all in one place.

TORM

Owner and operator of product tankers

torm.com

Headquarters: Copenhagen, Denmark
Founded year: 1889
Company type: Public company
Number of employees: 2,200–5,000
Industry: Marine Freight & Logistics

Last updated Today

Latest news about TORM

In short: TORM reported record financial results and raised its 2026 outlook while expanding its fleet and navigating Red Sea security threats.

Company announcements

May 20 TORM

TORM increases share capital after RSU exercises

The company issued 215,635 new A-shares to settle vested restricted share units as part of the incentive program.

May 13 TORM

TORM reports strong Q1 2026 results and raises outlook

EBITDA rose to USD 201m, net profit USD 122m, and dividend set at USD 0.70 per share.

May 6 TORM

TORM achieves A sustainability rating from MSCI

This upgrade from BBB reflects greater transparency and progress under tougher methodology, with score improving from 5.6 to 6.1. TORM commits to further improvements.

April 17 TORM

TORM achieves 40% carbon intensity reduction ahead of schedule

The company credits progress to One TORM culture, mindset, and behavior changes across departments and vessels. It targets 43% reduction in 2025 and 45% by 2030.

Media coverage

July 24 Reuters

Oil products tanker re-routes voyage to Asia through Suez amid Houthi warnings, owner Torm says

LONDON, July 24 (Reuters) - Danish-flagged oil products tanker Torm Innovation will sail to Asia via the Suez Canal with ‌its cargo due to the...

June 26 TV 2

Danish shipping company gets ship safely out of the Strait of Hormuz

The Danish shipping company Torm has gotten one of its ships safely out of the Strait of Hormuz. It is the ship Torm Evelyn, which is owned by Torm, that...

June 23 Yahoo Finance

Torm PLC - Major Shareholder Announcement

In accordance with section 30 of the Danish Capital Markets Act, TORM plc hereby announces that: Oaktree Capital Group Holdings GP, LLC has informed TORM...

May 28 GuruFocus

TORM PLC (TRMD) Shares Fall 6.2% -- What GF Score of 74 Tells In

On May 28, 2026, TORM PLC (TRMD) shares fell 6.2% to a current price of $27.95, continuing a trend of price declines with an 11.9...

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