Torm’s first-half strength has boosted the company’s confidence as it heads into the back half of the year.

The Copenhagen-based product tanker owner said on Thursday that it has 68% of its total 2024 revenue days booked at $42,205 per day, slightly better than its second-quarter average of $42,057 per day, and good enough for the company to pull up the baseline of its full-year guidance.