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Insights

Bulk acquisition strategy TORM has been actively investing in acquiring multiple vessels, including MR and LR2 tankers, indicating a bulk acquisition strategy to expand its fleet capacity and market presence. This presents an opportunity for suppliers of maritime vessels and related services to engage in potential partnerships or contracts for upcoming vessel acquisitions.

Recent capital increase Following the recent delivery of a third MR vessel, TORM announced a share capital increase. This move suggests financial stability and potential future investments in fleet expansion or technological upgrades. Financial service providers can explore opportunities for collaboration with TORM to support its growth trajectory.

Experienced personnel changes Key personnel changes within TORM, such as the appointment of a new head of treasury from a competitor, signify opportunities for service providers offering specialized support in treasury management and financial operations. Leveraging expertise in maritime finance, these service providers can engage with TORM to enhance their financial strategies and operations.

Asset diversification TORM's investments in different vessel types, such as Long Range 2 and MR vessels, demonstrate a strategic focus on asset diversification within the tanker industry. Suppliers of vessel maintenance, technology solutions, and logistical services can target TORM for partnerships aimed at optimizing the performance and efficiency of its diverse vessel portfolio.

Strategic acquisitions Through recent acquisitions of secondhand vessels and issuance of unsecured bonds for tanker purchases, TORM showcases a proactive approach to strategic acquisitions. Financial institutions specializing in maritime investments can explore collaborations with TORM for facilitating future acquisitions, contributing to mutual growth and expansion.

Similar companies to TORM

TORM Tech Stack

TORM uses 8 technology products and services including Power BI, Google Font API, Atlassian Jira, and more. Explore TORM's tech stack below.

  • Power BI
    Business Intelligence
  • Google Font API
    Font Scripts
  • Atlassian Jira
    Issue Trackers
  • PHP
    Programming Languages
  • reCAPTCHA
    Security
  • Bootstrap
    UI Frameworks
  • IIS
    Web Servers
  • Q4 Cookie Monster
    Widgets

Media & News

TORM's Email Address Formats

TORM uses at least 1 format(s):
TORM Email FormatsExamplePercentage
First.Last@torm.comJohn.Doe@torm.com
68%
FLast@torm.comJDoe@torm.com
27%
FL@torm.comJD@torm.com
4%
Last@torm.comDoe@torm.com
1%

Frequently Asked Questions

Where is TORM's headquarters located?

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TORM's main headquarters is located at Tuborg Havnevej 18 Copenhagen, Capital region 2900 DK. The company has employees across 6 continents, including AsiaEuropeNorth America.

What is TORM's phone number?

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You can contact TORM's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is TORM's stock symbol?

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TORM is a publicly traded company; the company's stock symbol is BCLI.

What is TORM's official website and social media links?

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TORM's official website is torm.com and has social profiles on LinkedIn.

How much revenue does TORM generate?

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As of October 2024, TORM's annual revenue reached $750M.

What is TORM's SIC code?

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TORM's SIC code is 4731 - Arrangement of Transportation of Freight and Cargo.

How many employees does TORM have currently?

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As of October 2024, TORM has approximately 2K employees across 6 continents, including AsiaEuropeNorth America. Key team members include Chief Officer: A. B.Chief Officer: A. J.Chief Officer: E. D.. Explore TORM's employee directory with LeadIQ.

What industry does TORM belong to?

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TORM operates in the Transportation, Logistics, Supply Chain and Storage industry.

What technology does TORM use?

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TORM's tech stack includes Power BIGoogle Font APIAtlassian JiraPHPreCAPTCHABootstrapIISQ4 Cookie Monster.

What is TORM's email format?

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TORM's email format typically follows the pattern of . Find more TORM email formats with LeadIQ.

When was TORM founded?

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TORM was founded in 1889.
TORM

TORM

Transportation, Logistics, Supply Chain and StorageCapital region, Denmark1001-5000 Employees

About TORM

TORM was founded in 1889 and has sailed the seas since then. With headquarters in London and activities worldwide, TORM is listed on Nasdaq Copenhagen and New York. TORM’s offices are located in Houston, London, Copenhagen, Manila, Cebu, Mumbai, New Delhi and Singapore. TORM employs approx. 3,100 seafarers and 300 land-based staff.

TORM is a pure play product tanker company and one of the world’s leading carriers of refined oil products such as gasoline, jet fuel, naphtha and diesel oil. With vessels varying in size from 35,000-114,000 dwt., TORM operates a large and modern fleet of product tankers. Absolute reliability, high quality and safety are the cornerstones of the Company's success.

TORM’s highly skilled crew and advanced maritime technology are the foundation of the business model – as is the Company's expertise within vessel management. TORM’s offices manage tanker operations, covering all time zones 24 hours a day, seven days a week.


Our 'One TORM'​ approach

TORM's world-class operational platform pursues a strategic framework focusing on four common goals named One TORM:
 
1. Putting customers first to achieve full customer reach and flexibility in order to outperform available earnings benchmarks
 
2. Ensuring quality in everything by, e.g. improving technical and commercial tradability and delivering optimized processes across the entire value chain
 
3. Acting responsibly by maintaining the highest safety, environment and CSR standards
 
4. Operating in a cost-efficient manner
 

TORM as a workplace

The people of TORM are our real asset, and we believe in ensuring the best possible working environment, both at sea and ashore.

TORM works with creating clear career paths for each employee, whether the ambition is to stay at one of our worldwide offices or our career opportunities at sea.

Section iconCompany Overview

Headquarters
Tuborg Havnevej 18 Copenhagen, Capital region 2900 DK
Phone number
Website
torm.com
SIC Code
4731 - Arrangement of Transportation of Freight and Cargo
Stock Symbol
BCLI
Founded
1889
Employees
1001-5000

Section iconFunding & Financials

  • $100M$1B

    TORM's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $100M$1B

    TORM's revenue is in the range of $100M$1B

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