torm nasdaq trmd 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 operating income 205 million usd 2007 net income 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 . contents 1 history 2 operations 3 references 4 external links 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 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 . references edit http www.torm.com wps wcm connect 6877ca0048fd7689b3b6ffa05eb20049 annual report 2007 uk final 14.03.08.pdf mod ajperes http www.torm.com wps wcm connect public content public about torm history www.torm.com fleet external links edit official website this danish corporation or company article is a stub . you can help wikipedia by expanding it . v t e this transport corporation related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title dampskibsselskabet torm & oldid 739835761 categories shipping companies of denmarkshipping companies based in copenhagencompanies established in 1889danish company stubstransport company stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages danskdeutschfran aisnorsk bokm l edit links this page was last modified on 17 september 2016 at 09 22 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view