Topic: Thorco Projects

Norden lays eyes on breakbulk, steels and wind industry cargo

Danish shipping company, Norden, has agreed to acquire its compatriot Thorco Projects business expanding its reach to the general cargo segment, especially breakbulk, steels and…

Shipping Thorco Projects’ asset-light strategy pays off amidst corona crisis

Thorco Projects’ asset-light strategy is paying off. Since the start of the new strategy in 2016, the company has been steadily increasing its sales and…

Annual report Thorco Projects triples revenue and increases profit

Thorco 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…

Consolidation Thorco Projects has no interest in acquisitions or vessel purchases

Thorco Projects will not be playing an active role in the consolidation of the project cargo shipping market. Instead, the company wants to remain asset-light,…

Multipurpose fleet BBC Chartering reclaims crown from Cosco

BBC Chartering regained the number one position in the top-10 ranking of multipurpose vessel operators, a place which it lost to Cosco Shipping Specialised Carriers…