The ownership stake, officially recorded as of September 14, 2026, grants Njord Luxco 11.06% of the total share capital and voting rights in the Hellerup-based shipping company. The entity is jointly controlled by two Luxembourg-based Oaktree Capital Management (OCM) investment vehicles.

TORM PLC, a veteran of the global shipping industry founded in 1889, currently trades on both the Nasdaq Copenhagen and Nasdaq New York exchanges under the ticker symbol TRMD. The company manages a substantial fleet of refined oil product tankers, maintaining a focus on international logistics and maritime safety standards.