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RISKS ASSOCIATED WITH TORM'S ACTIVITIES - Changes in the bunker price (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Increase in the bunker prices of 10% per ton:      
Changes in profit/loss before tax for the following year   $ (20.7) $ (18.3)
Changes in equity for the following year   $ (20.7) $ (18.3)
Sensitivity to changes      
Increase in the bunker prices of 10% per ton:      
Changes in profit/loss before tax for the following year $ (19.8)    
Changes in equity for the following year $ (19.8)