Torm chief executive Jacob Meldgaard said the company has few options to boost its share liquidity in a sector viewed as a "small fish" by big institutional investors.
The Torm free float is only about 13%, if Oaktree Capital Management's controlling share of 67% and 20% owned by other private equity funds are viewed together.
Speaking during a podcast with Value Investor's Edge analyst J Mintzmyer, the Danish executive said: "I think Oaktree is, of course, fully aware of that.