Owners Not Ready to Give Up Control to Smart Ships

Orca AI: Maritime industry slow at adapting solutions vital to avoiding collisions.

TORM Sets Up Scrubber JV with ME Production and GSI

Scrubber

TORM sets up joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International.

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TORM, NYK to Install Alfa Laval’s BWMS on 80 Ships

Alfa Laval stand at SMM

 TORM and JNYK contracted Alfa Laval to retrofit a total of 80 ships with ballast water management systems.

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TORM's Newbuildings to Feature Scrubbers

Tanker

TORM unveiled plans to install scrubbers on 14 of its vessels in an effort to prepare for the 2020 sulfur cap.

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Another 11 Ships to Fly the Danish Flag

Danish flag

Danish shipping registries will soon expand with another 11 vessels which are set to fly the Danish flag.

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TORM's Profit Dwindles due to Weaker Rates

TORM vessel

Denmark's TORM saw its earnings drop in the first quarter of the year, driven by weak freight rates.

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TORM Adds Three MRs to Its Orderbook

TORM exercises options for the construction of three MR newbuilds at Guangzhou Shipyard International (GSI).

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TORM Profitable in 2017 despite Challenging Market

TORM managed to remain profitable in 2017, despite a challenging product tanker market.

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TORM Names Second LP2 Newbuild

TORM takes delivery of TORM Hermia, an LR2 product tanker newbuilding.

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TORM Raises USD 100 Mn for Fleet Growth

TORM raised USD 100 million through a private placement of new Class A common shares. 

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TORM Buys Six MR Resale Tankers

Copenhagen-based shipping company TORM purchased six MR resale vessels for a total of USD 185 million during the ...

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Torm Expands Fleet with New Tonnage

Danish shipping company TORM has expanded its fleet as it took delivery of two newbuilding MR2 chemical/product ...

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Product Tanker Woes Hit TORM's Earnings

Pressured by a difficult product tanker market, Danish shipping company TORM ended the second quarter of 2017 with ...

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Torm Is On a Roll

Danish carrier of refined oil products Torm is resuming its shopping spree with a purchase of two ...

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Torm Buys Four MR Resales from Guangzhou Shipyard

Danish shipping company TORM has entered into an agreement to purchase four fuel-efficient MR resale vessels from ...

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TORM Reports Profit Dip

As a result of the challenging tanker market, Danish shipping company TORM ended the first quarter of this year ...

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TORM Inks Sale and Leaseback for Tanker Duo

Danish shipping company TORM has reached an agreement to sell and leaseback two of its vessels, the LR2 tanker TORM ...

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TORM Secures Financing for LR2 Newbuildings

Danish shipping company TORM has entered into a financing agreement for four LR2 newbuildings scheduled ...

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TORM Orders Four LR2 Vessels from Guangzhou

Danish shipping company TORM has signed a purchase agreement for four fuel-efficient LR2 newbuildings with Chinese ...

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Restructured Torm Eyes NYSE Listing

Denmark-based TORM A/S, a shipping company that owns and operates product tankers, is looking at a new structure ...

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TORM Exits Dry Bulk Market

Danish shipping company TORM is gearing up to fully exit the slumping dry bulk shipping market after agreeing to ...

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Torm Bullish after Almost Seeing Black

Recently restructured Danish tanker and dry bulk ship owner and operator Torm has raised its profit forecast for ...

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