ShippingWatch
Tanker

Torm continues earnings craze with record profits in 2022

Shipping company Torm continues its spectacular headway in 2022, strongly aided by the war in Ukraine. The company expands its fleet with three vessels.
Photo: Shippingwatch/ Søren Pico
Photo: Shippingwatch/ Søren Pico
by JENS THOMSEN

Russia’s war in Ukraine meant that tanker company Torm’s earnings went from a deficit anno 2021 of USD -42m to a record-breaking profit anno 2022 with a net result of USD 563m. 

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