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RISKS ASSOCIATED WITH TORM'S ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Risks Associated With Entities Activities [Abstract]  
Schedule of sensitivity analysis for changes in freight rates
USDm 2018 2017 2016
Decrease in freight rates of USD/day      
1,000:      
Changes in profit before tax 24.1 25.0 26.7
Changes in equity 24.1 25.0 26.7
 
Schedule of sensitivity analysis, impact of 10 percent per ton increase in bunker prices
USDm 2018 2017 2016
Increase in the bunker prices of 10% per ton:
Changes in profit before tax -18.3 -15.6 -12.8
Changes in equity -18.3 -15.6 -12.8
Schedule of sensitivity analysis, impact of 10 percent change in exchange rate
USDm 2018 2017 2016
Effect of a 10% increase of DKK and EUR:
Changes in profit before tax -2.5 -1.7 -2.8
Changes in equity -2.5 -1.7 -2.8
Schedule of sensitivity analysis, impact of 1 percent point increase in interest rate
USDm 2018 2017 2016
Effect of a 1%-point increase in interest rates:
Changes in profit before tax -3.2 -2.5 -3.3
Changes in equity 3.6 6.8 9.5