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RISKS ASSOCIATED WITH TORM'S ACTIVITIES - Freight rate fluctuations (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2019
USD ($)
T
Dec. 31, 2018
USD ($)
T
Dec. 31, 2017
USD ($)
T
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Percentage of freight earnings derived from tankers secured by agreements 9.50% 13.10% 12.50%
Percentage of physical time charter contracts accounted for overall hedging 59.30% 62.80% 60.70%
Percentage of coverage 8.60% 9.90% 13.30%
Long Position [Member]      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Notional contract value of derivative | $ $ 22.5 $ 18.8 $ 12.2
Notional contract volume | T 1,295,000 1,447,000 530,000
Short Position      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Notional contract value of derivative | $ $ 34.9 $ 39.6 $ 44.2
Notional contract volume | T 1,585,190 2,683,000 1,754,000
Cargo contracts and time charte ragreements | Maximum      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Coverage period under agreement 6 months    
Cargo contracts and time charte ragreements | Minimum      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Coverage period under agreement 36 months    
Forward freight agreements | Maximum      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Coverage period under agreement 0 months    
Forward freight agreements | Minimum      
Disclosure of nature and extent of risks arising from financial instruments [line items]      
Coverage period under agreement 24 months