TRMD
TormยทNASDAQ
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TRMD Profile
Torm Plc
One of the world's leading carriers of refined oil products
4th Floor | 120 Cannon Street , London, EC4N 6AS, United Kingdom
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Torm Plc is a limited liability company, formerly known as Anchor Admiral Limited, registered under the laws of England and Wales on 12 October 2015. The company is one of the world's largest transportation companies for refined oil products. The company's activities are mainly to transport clean petroleum products such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products such as fuel oil. The company has an extensive internal operations and management platform for commercial, administrative and technical management of its ships. Through this integrated platform, the company is responsible for the commercial management of all vessels and the technical management of all vessels, rather than vessels managed by an unrelated third party. In addition, the company conducts all ship trading activities internally through partnerships with shipbrokers, shipyards, financial institutions and other shipowners. The current business model is mainly to use ships in the spot market.
