SECURITIES
AND EXCHANGE COMMISSION
Washington,
D. C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For
the month of May 2007
Commission
File Number: 000-49650
A/S
STEAMSHIP COMPANY TORM
(Translation
of registrant's name into English)
Tuborg
Havnevej 18
DK-2900
Hellerup
Denmark
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F [ X ] Form 40-F [
]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ________.
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form
6-K
if submitted solely to provide an attached annual report to security
holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)7: ________.
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form
6-K
if submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant's "home country"), or under the rules of the home country exchange
on
which the registrant's securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant's security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes
[ ] No
[ X ]
If
“Yes” is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): ________.
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
Set
forth herein as Exhibit 1 is a
copy of Announcement No. 11 - 2007– issued by A/S STEAMSHIP COMPANY TORM (the
"Company") to The Copenhagen Stock Exchange on May 26, 2007.
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EXHIBIT
1
|
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COMPLETION
OF ACQUISITION OF OMI
CORPORATION
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ANNOUNCEMENT
NO. 11 - 2007
26
May
2007
Completion
of the Acquisition of OMI Corporation
On
17
April 2007 A/S Dampskibsselskabet TORM (TORM) announced that it in cooperation
with the Teekay Shipping Corporation (TEEKAY) had signed an agreement with
OMI
Corporation (OMI) to acquire the entire share capital of OMI.
The
offer period of the tender offer made by TORM and TEEKAY through their jointly
owned subsidiary, OMAHA, Inc. to the shareholders of OMI expired at 5.00
p.m.,
New York City time, on 25 May 2007.
At
the
expiration of the offer period, a total of 49,762,507 shares had been validly
tendered by the shareholders of OMI providing OMAHA, Inc. with control over
OMI
and allowing for a subsequent merger between OMAHA, Inc. and OMI ultimately
allowing for TORM and TEEKAY to gain 100% ownership of OMI.
In
order to expedite the merger process, TORM and TEEKAY have furthermore decided
to make available a subsequent offer period to allow for the remaining
outstanding shareholders of OMI to accept the tender offer up until 5 p.m.,
New
York Time, on 5 June 2007.
Klaus
Kjærulff, CEO, tel.: +45 39 17 92 00, mobile: +45 40 10 81 11.
N. E. Nielsen, Chairman, tel.: +45 72 27 00 00, mobile: +45 25 26 33 43.
N. E. Nielsen, Chairman, tel.: +45 72 27 00 00, mobile: +45 25 26 33 43.
This
document is for informational purposes only and is neither an offer to purchase
nor a solicitation of an offer to sell shares of OMI Corporation. Aktieselskabet
Dampskibsselskabet TORM, Teekay Shipping Corporation and Omaha, Inc. intend
to
file an offer to purchase and related materials with the Securities and Exchange
Commission (the “SEC”) in connection with the offer to purchase shares of common
stock of OMI Corporation. Once filed, all stockholders of OMI Corporation
are
strongly advised to read these materials, and the re-lated
solicitation/recommendation statement that will be filed by OMI Corporation
with
the
SEC,
before any decision is made with respect to the offer, because these documents
will contain important information relating to the offer. These documents
will
be available at no charge
on the SEC’s website at www.sec.gov and may be obtained for free from the
information agent named in the offer materials.
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About
TORM
|
TORM
is
one of the World's leading carriers of refined oil products and has significant
activities in the bulk market. The Company operates more than 100 modern
and
secure vessels, most of them in pool co-operation with other respected shipping
companies, sharing TORM's commitment to safety, environmental responsibility
and
customer service.
TORM
was founded in 1889 and has constantly adapted itself and benefited from
the
significant changes characterizing shipping. The Company conducts business
all
over the World and is headquartered in Copenhagen, Denmark. TORM's shares
are
listed in Copenhagen (ticker TORM) as well as on NASDAQ (ticker TRMD). For
more
information, visit www.torm.com.
SAFE
HARBOUR STATEMENT – FORWARD LOOKING STATEMENTS
Matters
discussed in this release may constitute forward-looking statements.
Forward-looking statements reflect our current views with respect to future
events and financial performance and may include statements concerning plans,
objectives, goals, strategies, future events or performance, and underlying
assumptions and other statements, which are other than statements of historical
facts.
The
forward-looking statements in this release are based upon various assumptions,
many of which are based, in turn, upon further assumptions, including without
limitation, management’s examination of historical operating trends, data
contained in our records and other data available from third parties. Although
TORM believes that these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are beyond
our
control, TORM cannot assure you that it will achieve or accomplish these
expectations, beliefs or projections.
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 crude 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.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
A/S
STEAMSHIP COMPANY TORM
(registrant)
Dated:
May 29, 2007
By:
/s/ Klaus Klaerulff
Klaus Kjærulff
Chief Executive Officer
SK
03810 0001
778100