Dampskibsselskabet Torm

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Dampskibsselskabet TORM
Public (OMXTORM,NASDAQTRMD)
Industry Shipping
Founded 1889
Founder Ditlev Torm
Headquarters Copenhagen, Denmark
Key people
Jacob Meldgaard CEO, Mikael Skov COO
Products Tankers, Bulk
Revenue 819 million USD (2007)
205 million USD (2007)
792 million USD (2007) [1]
Subsidiaries OMI Corporation (With Teekay Corporation)
Website http://www.torm.dk/

A/S Dampskibsselskabet TORM or TORM, based in Copenhagen, Denmark, is a shipping company that owns and operates product tankers and bulk carriers. TORM's company's tankers carry refined oil products such as gasoline, jet fuel, naphtha and diesel oil. The company's dry bulk vessels are mainly focused in the Panamax segment.

History[edit]

Founded by Ditlev Torm and Christian Schmiegelow in 1889.[2] The company was listed on the Copenhagen Stock Exchange in 1905.

Operations[edit]

The company is composed of tanker and bulk carrier divisions, with product tanker activity accounting for the majority of the business.

TORM is one of the leading tanker carriers of clean oil products such as gasoline, jet fuel, naphtha and diesel oil and other clean products.

TORM’s bulk carrier carrier division focuses mainly on the Panamax bulk carrier sector, carrying various bulk commodities, but principally grain, coal and iron ore. The division is also engaged in the Handysize bulk carrier segment.

The company operates approximately 130 vessels as of 2010.[3]

On 8 June 2007, A/S Dampskibsselskabet TORM (TORM) announced that TORM and TeekayCorporation (TEEKAY) had completed the acquisition of OMI Corporation (OMI), whereby OMI became a jointly owned subsidiary of TORM and TEEKAY. TORM will consequently with effect from 1 August 2007 take over 24 product tankers from OMI, leaving TORM’s fleet at 85 vessels excluding new buildings. TORM will also take over OMI’s technical operations in India and a part of OMI’s organisation in the US.


New Building

Name Fleet DWT Cubic IMO/Ice Year Flag
Torm Titan MR 49.842 54.085 IMO 2/3 2015 Singapore
Torm Torino MR 49.842 54.085 IMO 2/3 2015 Singapore
Torm Troilus MR 49.842 54.085 IMO 2/3 2016 Singapore

ON THE WATER

Name Fleet DWT Cubic IMO/Ice Year Flag
Torm Gudrun LR2 99.965 115.536 non 2000 DIS
Torm Helene LR2 99.999 115.536 non 1997 Marshall Island
Torm Ingeborg LR2 99.999 115.617 non 2003 Marshall Island
Torm Kristina LR2 99.999 113.997 non 1999 DIS
Torm Maren LR2 109.672 117.936 non 2008 DIS
Torm Margrethe LR2 109.672 117.815 non 2006 Singapore
Torm Marie LR2 109.647 117.815 non 2006 Singapore
Torm Marina LR2 109.672 117.939 non 2007 NIS
Torm Mathilde LR2 109.672 117.817 non 2008 DIS
Torm Valborg LR2 99.999 115.617 non 2003 Marshall Island
Torm Emilie LR1 74.999 84.020 non 2004 DIS
Torm Estrid LR1 74.999 84.020 non 2004 DIS
Torm Ismini LR1 74.999 84.020 non 2004 DIS
Torm Sara LR1 72.718 83.343 non 2003 Singapore
Torm Signe LR1 72.718 83.343 non 2005 Singapore
Torm Sofia LR1 72.660 83
Torm Venture LR1 73.700 81.006 non 2007 NIS
Njord Eric MR 51.266 53.519 IMO 3 2006 Singapore
Pretty Jewelry MR 51.218 53.523 IMO 3 2006 Hong Kong
Pretty World MR 51.218 53.525 IMO 3 2007 Hong Kong
Torm Agnes MR 49.999 56.643 IMO 2/3 2011 Singapore
Torm Agnete MR 49.999 56.643 IMO 2/3 2010 Singapore
Torm Alexandra MR 49.999 56.643 IMO 2/3 2010 Singapore
Torm Alice MR 49.999 56.643 IMO 2/3 2010 Singapore
Torm Almena MR 49.999 56.643 IMO 2/3 2010 Singapore
Torm Amalie MR 49.999 56.643 IMO 2/3 2011 Singapore
Torm Amazon MR 47.275 52.536 non 2002 Singapore
Torm Anabel MR 49.999 56.643 IMO 2/3 2012 Singapore
Torm Anne MR 44.900 52.258 non 1999 Marshall Island
Torm Arawa MR 49.999 56.643 IMO 2/3 2012 Singapore
Torm Aslaug MR 49.999 56.643 IMO 2/3 2010 Singapore
Torm Astrid MR 49.999 51.472 IMO 2/3 2012 Singapore
Torm Atlantic MR 49.999 51.472 IMO 2/3 2012 Singapore
Torm Camilla MR 44.990 53.272 IMO 2/3 2003 DIS
Torm Carina MR 46.219 53.552 IMO 2/3 2003 DIS
Torm Caroline MR 44.999 50.738 IMO 2/3 2002 DIS
Torm Cecilie MR 44.999 50.758 IMO 2/3 2001 DIS
Torm Clara MR 44.999 50.676 IMO 2/3 2000 DIS
Torm Freya MR 45.990 53.454 IMO 2/3 2003 Marshall Island
Torm Gerd MR 45.960 53.176 IMO 2/3 2002 Marshall Island
Torm Gertrud MR 45.990 53.176 IMO 2/3 2002 Marshall Island
Torm Gunhild MR 44.999 52.258 non 1999 Marshall Island
Torm Hardrada MR 45.983 52,698 non 2007 Singapore
Torm Helvig MR 46.187 53.674 IMO 2/3 2005 Marshall Island
Torm Horizon MR 46.955 52.732 IMO 3 2004 DIS
Torm Kansas MR 46.955 52.732 IMO 2/3 2006 DIS
Torm Laura MR 49.999 53.731 IMO 2/3 - 1AS 2008 DIS
Torm Lene MR 49.999 53.731 IMO 2/3 - 1AS 2008 DIS
Torm Lilly MR 49.999 53.731 IMO 2/3 - 1AS 2009 DIS
Torm Loke MR 51.372 51.867 IMO 2/3 - 1B 2007 Singapore
Torm Lotte MR 49.999 53.731 IMO 2/3 - 1AS 2009 DIS
Torm Louise MR 49.999 53.731 IMO 2/3 - 1AS 2009 DIS
Torm Mary MR 44.990 53.176 IMO 2/3 2002 Marshall Island
Torm Moselle MR 47.024 52.409 non 2003 DIS
Torm Neches MR 47.052 52.535 non 2000 Singapore
Torm Platte MR 46.959 52.732 IMO 2/3 2006 DIS
Torm Ragnhild MR 46.187 53.609 IMO 2/3 2005 Marshall Island
Torm Republican MR 46.955 52.732 IMO 2/3 2006 DIS
Torm Resilience MR 49.999 53.456 non 2005 Singapore
Torm Rosetta MR 47.015 52.409 non 2003 DIS
Torm San Jacinto MR 47.038 52.536 non 2002 DIS
Torm Thames MR 47.036 52.615 IMO 2/3 - 1A 2005 DIS
Torm Thor MR 49.842 54.085 IMO 2/3 2015 Singapore
Torm Thunder MR 49.842 54.085 IMO 2/3 2015 Singapore
Torm Thyra MR 45.950 53.176 IMO 2/3 2003 Marshall Island
Torm Timothy MR 49.842 54.085 IMO 2/3 2015 Singapore
Torm Vita MR 45.990 53.176 IMO 2/3 2002 Marshall Island
Torm Charente Handy 35.751 42.409 IMO 3 2001 DIS
Torm Fox Handy 37.025 42.019 IMO 2/3 - 1A 2005 DIS
Torm Garonne Handy 37.178 42.019 IMO 2/3 - 1A 2004 DIS
Torm Gyda Handy 36.207 41.884 IMO 2/3 - 1A 2009 DIS
Torm Loire Handy 37.106 42.019 IMO 2/3 - 1A 2004 DIS
Torm Madison Handy 35.828 42.369 IMO 3 2000 DIS
Torm Ohio Handy 37.278 42.272 IMO 2/3 - 1B 2001 DIS
Torm Rhone Handy 35.770 42.349 IMO 3 2000 DIS
Torm Saone Handy 36.986 42.019 IMO 2/3 - 1A 20
Torm Tevere Handy 37.383 42.019 IMO 2/3 - 1A 2005 DIS
Torm Trinity Handy 35.834 42.371 IMO 3 2000 DIS

References[edit]

External links[edit]