About TORM A/S
TORM Plc engages in the ownership and operation of product tankers. The Company’s activities are primarily the transportation of clean petroleum products, such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. The firm has an in-house operating and management platform, which performs commercial, administrative and technical management for its vessels. Through this integrated platform, it handles the commercial management of all its vessels and the technical management of all its owned vessels, other than three vessels managed by an unaffiliated third party. The firm operates through its product tanker segment. With vessels varying in size from 35,000-114,000 dwt., the Company operates a fleet of product tankers. The Company’s vessels include TORM Gudrun, TORM Tevere, TORM Camilla, TORM Mary, TORM Caroline, TORM Thyra, TORM Gerd, TORM Hardrada, TORM Freya, TORM Gertrud, TORM Vita, TORM Helvig, TORM Ragnhild and TORM Carina.
Capital increase in TORM in connection with delivery of vessel Fri, 09 Apr 2021 03:30:00 -0400 - With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from TEAM Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 877,128 A-shares (corresponding to USD 8,771.28) as a result of the delivery of the first vessel of the transaction, the MR vessel TEAM Corrido.
TORM plc Annual Report 2020 Mon, 01 Mar 2021 02:23:00 -0500 - “I am very pleased that our integrated One TORM platform enabled us to deliver a solid EBITDA of USD 272m and a considerable cash return to shareholders totaling USD 71m in dividends during 2020. I am further pleased that our commitment to minimize environmental impact has enabled us to reduce greenhouse gas emissions by 22% since 2008, showing a clear path towards our ambitious target of 40% reduction by 2030.” says Mr. Jacob Meldgaard, Executive Director.
TORM plc to announce the full-year 2020 results Mon, 22 Feb 2021 08:00:00 -0500 - TORM plc (“TORM” or the “Company”) (ticker: TRMD A on Nasdaq in Copenhagen and TRMD on Nasdaq in New York) will release its financial results for 2020 on Monday, 1 March 2021.
54 10%+ Yield Dividend Stocks Priced $5-$25 For February Fri, 12 Feb 2021 04:34:16 -0500 - These dividend dog 10%+ Yield @ $5-$25 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut. Analyst top ten target net gain estimates for top ten bargain basement dogs 2/10/21 ranged 14.09%-34.06% from SOLLY, SHLX, HMLP, MAGS, OKENF, BPMP, MPLX, TRMD, CHMI, and top pick, KNOP per YCharts data.
A Backdoor Play On Rising Petroleum Demand: TORM Plc Tue, 26 Jan 2021 21:28:58 -0500 - Gasoline and crude oil inventories remain bloated worldwide, hurting the demand and pricing of tanker services. TORM is well-run, has a clean balance sheet, and holds pent-up value for investors.