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TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide.

It operates in two operating segments, Tanker and Marine Exhaust. The company transports gasoline, jet fuel, naphtha, and gas oil, as well as dirty petroleum products, such as fuel oil.

It also engages in developing and producing advanced and green marine equipment. The company was founded in 1889 and is based in London, the United Kingdom.

Latest News >

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Dec 4 (Reuters) - Brian Thompson, the CEO of UnitedHealth's ( UNH ) insurance unit, was fatally shot in the chest on Wednesday morning outside the Hilton hotel in Midtown, the NY Post and Bloomberg reported, citing police sources. UnitedHealth ( UNH ) did not immediately respond to a Reuters request for comment. The company was hosting its investor day...

Natural Gas Prices Fall Again as Forecasts See Mild Weather Coming for Most States

Dec 4, 2024

09:19 AM EST, 12/04/2024 (MT Newswires) -- Natural gas traded lower for a fourth-straight session early on Wednesday as warming forecasts promise to cut into heating demand for the fuel. Gas for January delivery was last seen down US$0.04 to US$3.01 per million British thermal units, down 12% from a 13-month high of US$3.43 on Nov.26. The drop comes as...

Founder Group Wins $68 Million Solar Farm Project Conditional Letter of Award in Malaysia

Dec 4, 2024

09:22 AM EST, 12/04/2024 (MT Newswires) -- Founder Group ( FGL ) said Wednesday it received a $68 million conditional Letter of Award to develop a 100-megawatt solar farm in Tanjung Malim, Malaysia. The company said it will serve as the Engineering, Procurement, and Construction partner for the development of the project, covering 900 acres. The project will supply power...

BMO Comments on Canada's Q3 Labor Productivity

Dec 4, 2024

09:20 AM EST, 12/04/2024 (MT Newswires) -- Canadian productivity Wednesday fell 0.4% quarter over quarter in Q3, its ninth decline in the past 10 quarters, noted Bank of Montreal (BMO). Thanks to the magic of upward revisions, productivity has improved modestly since pre-pandemic levels, with the five-year trend edging up 0.2% annualized, said the bank. Still, it continues to underperform...