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ENTITIES IN THE GROUP
12 Months Ended
Dec. 31, 2025
ENTITIES IN THE GROUP [Abstract]  
ENTITIES IN THE GROUP NOTE 29 – ENTITIES IN THE GROUP
Entity
 
Country
  
 
TORM plc
 
United Kingdom
Investments in subsidiaries ⁵⁾:
Entity owned by TORM plc
 
Country
 
Ownership ⁴⁾
TORM A/S
 
Denmark
 
100
%
TORM Singapore Pte. Ltd.
 
Singapore
 
100
%
TORM VesselCo UK Limited ⁷⁾
 
United Kingdom
 
100
%
VesselCo 9 Pte. Ltd.
 
Singapore
 
100
%
VesselCo 10 Pte. Ltd. ¹⁾
 
Singapore
 
100
%
VesselCo 12 Pte. Ltd.
 
Singapore
 
100
%
OCM Singapore Njord Holdings Hardrada, Pte. Ltd ²⁾
 
Singapore
 
100
%
TORM Tanker Corporation ⁶⁾
USA
100
%
Entity owned by subsidiaries
Country
Ownership ⁴⁾
TORM Shipping India Private Limited ³⁾
 
India
 
100
%
OMCI Marine Services Private Limited ³⁾
India
100
%
TORM Middle East DMCC
United Arab
Emirates
100
%
TORM USA LLC ⁶⁾
 
USA
 
100
%
TORM SHIPPING (PHILS.), INC.
 
Philippines
 
25
%
Marine Exhaust Technology A/S
 
Denmark
 
100
%
ME Production A/S
 
Denmark
 
100
%
Gale Energy ApS
Denmark
100
%
Marine Exhaust Technology (Hong Kong) Ltd.
 
China
 
100
%
ME Production (Zhejiang) Co, Ltd.
China
100
%
Suzhou ME Production Technology Co, Ltd.⁶⁾
 
China
 
100
%
1) Entities dissolved in the financial year ended December 31, 2023.
2) Entities dissolved in the financial year ended December 31, 2025.
3) Entities with different reporting periods: Indian entities have a financial reporting period that runs from April 01 to March 31 as
required by the Indian government's laws and legislations.
4) For all subsidiaries, ownership and voting rights are the same except for TORM SHIPPING (PHILS.), INC where voting rights are
100%.
5) All subsidiaries are consolidated in full.
6) Entities not audited.
7) TORM VesselCo UK Limited (a UK subsidiary, registration number: 15772160) will take advantage of the audit exemption set out
within section 479A of the Companies Act 2006 for the year ended December 31, 2025.
NOTE 29 - continued
Interest in legal entities included as joint ventures:
The Danish joint venture, Long Range 2 A/S has been dissolved during the year. There has been no activity in the joint venture during
the year and the comparison years.
The table below shows the registered addresses for the companies mentioned above:
Denmark
India
Philippines
Tuborg Havnevej 18
2nd Floor
7th Floor
DK-2900 Hellerup
Leela Business Park
Salcedo Towers, 169
Denmark
Andheri-Kurla Road
HV dela Costa Street
 
Andheri (E)
Salcedo Village,
 
Mumbai 400059
Makati City
 
India
Philippines 1227
 
 
 
Singapore
United Kingdom
USA
6 Battery Road #27-02
4th Floor
Suite 1625
Six Battery Road
120 Cannon Street
2500 City West
Singapore 049909
London, EC4N 6AS
Boulevard
Singapore
United Kingdom
77042, Houston , Texas
 
 
USA
 
 
 
Denmark
China
Hong Kong
Sandholm 7
208 Longward Road
Room 12, 10/F
9900 Frederikshavn
Zhapu Town Ping Hu
Kwai Cheong Centre
Denmark
Jiaxing City
No. 50 Kwai Cheong Road
 
Zhejiang Provice
Kwai Chung, New Territories
 
China
Hong Kong
 
 
United Arab Emirates
DMCC Business Centre
AU Tower 15-G
JLT Cluster I
Dubai, UAE
United Arab Emirates