COPENHAGEN, Denmark, Sept. 20, 2010 (GLOBE NEWSWIRE) -- ANNOUNCEMENT NO. 9 - 2010 20 September 2010 TORM expects to issue financial statements and convene its Annual General Meeting on the following dates in 2011:
|10 March 2011||2010 Annual Report|
|14 April 2011||Annual General Meeting|
|19 May 2011||First quarter 2011 results|
|18 August 2011||First half 2011 results|
|17 November 2011||Nine months 2011 results|
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward looking statements include the strength of world economies and currencies, changes in charter hire rates and vessel values, changes in demand for "tonne miles" of oil carried by oil tankers, the effect of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled dry-docking, changes in TORM's operating expenses, including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations including requirements for double hull tankers or actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents and political events or acts by terrorists. Risks and uncertainties are further described in reports filed by TORM with the US Securities and Exchange Commission, including the TORM Annual Report on Form 20-F and its reports on Form 6-K.Forward looking statements are based on management's current evaluation, and TORM is only under obligation to update and change the listed expectations to the extent required by law.
CONTACT: TORM A/S Jacob Meldgaard, CEO +45 39 17 92 00 Roland M. Andersen, CFO +45 39 17 92 00