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TORM was founded in 1889 and celebrated its 125th anniversary on 14 January 2014. With headquarters in Copenhagen and activities worldwide, TORM is listed on NASDAQ OMX in Copenhagen. TORM’s offices are located in Manila, Singapore, Mumbai and Houston. TORM employs approx. 2,700 seafarers and 275 land-based staff. The Company operates a large and modern fleet.
TORM’s Leadership Philosophy
The TORM Leadership Philosophy guides us in the way we do business. The three overall dimensions are Performance, Relations and Personal Leadership.
Since the beginning of 2013, TORM has pursued a strategic framework focusing on four common goals named One TORM:
• Putting customers first to achieve full customer reach and flexibility in order to
outperform available earnings benchmarks
• Ensuring quality in everything by e.g. improving technical and commercial
tradability and delivering optimized processes across the entire value chain
• Acting responsibly by maintaining the highest safety, environment and CSR
• Operating in a cost-efficient manner
The Tanker Division will continue to build on strengths as a global leader to benefit from a market recovery in the clean product tanker segments. The goal is to consistently outperform benchmarks in the spot-market.
The Projects Division will leverage relations and experience to become a leading asset player, create value through optionality and manage TORM’s bulk vessels with an aim to minimize risk.