Torm A/S is a product tanker company. The Company is a carrier of refined oil products. The Company operates through two segments: the Tanker Segment and the Bulk Segment. In the Tanker Segment, the Company provides services that primarily consist of transportation of refined oil products, such as gasoline, jet fuel and naphtha. In the Bulk Segment, the Company provides services that consist of transportation of dry cargo commodities, such as coal, grain and iron ore. The Company operates a fleet of approximately 81 vessels of which 77 are fully owned and four are chartered in. The Company's vessel categories include Long Range 2 (LR2), Long Range 1 (LR1), Medium Range and Handysize. The Company owns approximately eight LR2, seven LR1, 51 MR and 11 Handysize vessels. The Company's charter in vessels include approximately two LR2 and two Handysize vessels. The Company's MR newbuildings include TORM Titan, TORM Torino and TORM Troilus.