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RISKS ASSOCIATED WITH TORM'S ACTIVITIES (Detail Textual 1)
$ in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
Company
Club
Tanker
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Carrying value of fleet $ 1,396.5 $ 1,294.5  
Market value of fleet (excluding undelivered newbuildings) $ 1,322.1 $ 1,259.6  
Number of vessels on order for delivery in 2019-2020 | Tanker 9    
Threshold percentage of total voyage costs as cost of fuel oil consumed by vessels 60.80% 55.30% 49.60%
Percentage of bunker consumption hedged 4.80% 3.30% 0.90%
Percentage of bunker requirements for hedging instruments 2.00% 2.10% 1.60%
Number of Protection and Indemnity club | Club 2    
Aggregate insured value of hull and machinery and interest for TORM's owned vessels $ 1,500.0 $ 1,400.0 $ 1,600.0
Percentage of frieght revenues 17.00% 8.20% 12.60%
Average percentage of demurrage 98.10% 97.00% 96.80%
Percentage of total freight revenues as demurrage 14.60% 16.80% 15.00%
Percentage of forward freight agreements (FFAs) and fuel swaps 100.00% 100.00% 100.00%
Percentage of administrative expenses denominated in currencies other than USD 98.30% 97.90% 98.90%
Percentage of operating expenses denominated in currencies other than USD 23.40% 24.50% 26.70%
Percentage of administrative and operating expenses denominated in currencies in DKK and EUR 64.10% 62.00% 73.80%
Percentage of exposure to interest rate risk 66.20% 63.20% 67.90%
Total interest expense exposure $ 33.1    
Floating rate loans description of variable rate basis 3 months LIBOR    
Notional value of interest rate hedges covering $ 512.8    
Bottom of range      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Number of companies to diversify risk | Company 14    
Top of range      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Number of companies to diversify risk | Company 16    
Interest bearing debt      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Increase (decrease) in interest-bearing debt $ 10.3 $ 47.5 $ 95.3
Handysize Tanker      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Number of tanker sold | Tanker 2    
MR Tanker      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Number of tanker sold | Tanker 2    
LR2      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Number of tanker purchased | Tanker 4