On September 14, 2026, TORM plc entered into an underwriting agreement for a secondary offering by selling shareholder OCM Njord Holdings S.à r.l., indirectly owned by Oaktree Capital Management funds. The company sold 9,000,000 Class A common shares to J.P. Morgan Securities LLC on September 16, 2026, with an option for the underwriter to purchase up to 1,350,000 additional shares within 30 days. TORM plc received no proceeds from this transaction. The company operates in the maritime transportation industry, providing shipping services.

TORM plc announced the commencement of a secondary public offering of 9,000,000 Class A common shares by selling shareholder OCM Njord Holdings S.à r.l., an entity indirectly owned by funds managed by Oaktree Capital Management, L.P. The selling shareholder holds approximately 20% of the company's Class A common shares prior to this transaction. J.P. Morgan Securities LLC is acting as sole underwriter for the offering at a fixed public price. The underwriter has been granted a 30-day option to purchase up to an additional 1,350,000 shares. TORM plc itself is not selling any shares and will not receive proceeds from this transaction. This company operates in the maritime shipping industry as one of the world’s leading carriers of refined oil products.

TORM plc reported record interim results for the six months ended June 30, 2026, driven by geopolitical disruptions in the Middle East that elevated freight rates. The company generated time charter equivalent earnings of USD 798 million and net profit of USD 461 million, with Q2 alone yielding USD 512 million in TCE and USD 338 million in net profit. Consequently, TORM raised its full-year 2026 guidance, now estimating TCE earnings between USD 1,400 million and USD 1,600 million and EBITDA between USD 1,000 million and USD 1,200 million. The Board approved an interim dividend of USD 2.40 per share, payable on September 24, 2026, to shareholders of record as of September 10, 2026. TORM operates in the product tanker shipping industry, transporting refined petroleum products globally.

TORM plc reported record second-quarter 2026 results, with time charter equivalent earnings surging to USD 512 million from USD 208 million in the prior year period. Net profit reached an all-time high of USD 338 million compared to USD 59 million previously, driven by unprecedented freight rates caused by geopolitical disruptions and the closure of the Strait of Hormuz. The company announced a dividend distribution of USD 2.40 per share for the quarter. TORM also expanded its fleet by taking delivery of two MR vessels and acquiring six resale MR vessels, with additional newbuilding orders signed post-quarter. TORM plc operates in the tanker shipping industry, transporting crude oil and refined petroleum products globally.