TORM A/S

As of July 13, 2015, TORM A/S was acquired by OCM (Gibraltar) Njord Midco Ltd., in a reverse merger transaction. TORM A/S, a shipping company, together with its subsidiaries, owns and operates product tankers worldwide. It operates in two segments, Tanker and Bulk. The Tanker segment transports refined oil products, such as gasoline, jet fuel, and naphtha. The Bulk segment transports dry cargo covering commodities, including coal, grain, iron ore, etc. As of January 1, 2016, the company operated a fleet of approximately 80 vessels. TORM A/S was founded in 1889 and is headquartered in Hellerup, Denmark.