Announced on 08/26
Like several other shipping entities reporting their Q2 2026 results, Torm (TRMD) announced a blow out quarter. For TRMD
- TCE Rev of $512M
- EBITDA of $416M
- Net Profit of $338M
- Declared div of $2.40/sh
https://static.seekingalpha.com/uploads/sa_presentations/995/134995/original.pdf - Well managed company with fleet expansion plans in motion. Though Oaktree Capital have trimmed their stake to around 20%, they are still the largest shareholder. Is 2nd largest shareholder, Hafnia Tankers (HAFN), still interested in building up their position?