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CONTRACTUAL OBLIGATIONS AND RIGHTS
6 Months Ended
Jun. 30, 2024
CONTRACTUAL OBLIGATIONS AND RIGHTS  
Contractual obligations and rights NOTE 10 - CONTRACTUAL OBLIGATIONS AND RIGHTS
As of 30 June 2024, TORM had contractual obligations regarding second-hand vessels, scrubber
installations and other minor commitments.
30 June
30 June
31 December
USDm
2024
2023
2023
Second-hand vessels commitments:
Within one year
190.4
Total
190.4
Committed scrubber installations and other
minor investments:
Within one year
17.4
16.7
23.6
Between one and two years
1.7
Between two and three years
6.8
2.0
Between three and four years
3.1
8.1
Between four and five years
2.0
Total
29.0
16.7
35.7
Image_12 orange line.jpg
NOTE 10 - continued
As of 30 June 2024, TORM has contractual rights to receive future payments as lessor of vessels on 
time charter.
30 June
30 June
31 December
USDm
2024
2023
2023
Charter hire income for vessels - as lessor
Received within one year
88.6
37.8
Received between one and two years
38.3
24.1
Received between two and three years
25.1
Total
152.0
61.9
The charter hire income for these vessels under time charter is recognized under "Revenue".