Thorco owners: Still complete confidence in the carrier

Thorco Shipping exited 2015 with a positive result on its ordinary operations, reports the carrier after it was made public that its owners, the Stadil family, has had to inject fresh equity into the carrier.

BY OLE ANDERSEN

Thorco Shipping finished 2015 with a positive result for its ordinary shipping activities in spite of continuing tough market conditions, informs the carrier in a statement following an article published this week by Danish media Finans, which reported that a loan of around USD 36 million provided in 2014 by the carrier's owners, the Stadil family's Thornico group, has been converted into equity for Thorco Shipping.

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Thorco Shipping gets new equity injection from owners
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