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TORM Raises FY26 Time Charter Equivalent Guidance In Range Of $1.7B - $1.9B From $1.4B - $1.6B

Benzinga·10/12/2026 11:57:05

TORM plc (NASDAQ:TRMD) (NASDAQ:TRMD) today announces that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, TORM has increased its full-year guidance for 2026.

TORM now expects full-year 2026 TCE to be in the range of USD 1,700 – 1,900m and full-year 2026 EBITDA to be in the range of USD 1,300 – 1,500m, compared to previous guidance of TCE of USD 1,400 – 1,600m and EBITDA of USD 1,000 – 1,200m.