Topic: Asset-light ship operator

Thorco Projects triples revenue and increases profit

Annual reportThorco Projects has tripled its revenue last year and posted a small profit of USD 3.4 million. However, the purchase of expensive and loss-making vessels is still troubling the company. The revenue of the asset-light company...Read more

16-07-2019|Comment|author: Adnan Bajic

Disrupted schedules, higher costs for project cargo movement The ongoing issues in the Red Sea have created a complex situation for...
Rising container rates bump up MPP index, but bubble is expected to burst Container rates have seen a surge recently, which has resulted in positive development...