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TORM plc is a global shipping company primarily engaged in transporting refined oil products, such as gasoline, jet fuel, and diesel oil. Its core business operates within the shipping industry, focusing on the product tanker sector. The company provides seaborne transportation services through its fleet of modern and standardized vessels, which are deployed globally to serve major energy companies and independent traders. Founded in 1889, TORM is headquartered in Copenhagen, Denmark, and has additional offices worldwide to support its extensive operations. The company's strategic positioning includes its emphasis on a high-quality fleet and operational efficiency, reinforced by strong customer relationships and an experienced management team.

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2025, reserves were 19.3 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.1 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.