New Thorco Projects created in just four weeks

The new joint venture between Denmark's Thorco and United Heavy Lift (UHL) in Hamburg was established in just four weeks, explains Lars Rolner who through the Germany carrier brings significant expertise and engineering capacity to the collaboration.

Photo: Ole Lind/Jyllands-Posten

It took four weeks from the first meeting between Danish Thorco and Hamburg-based United Heavy Lift to when a formal collaboration in the form of new joint venture Thorco Projects had been realized, explains Lars Rolner, CEO and owner of United Heavy Lift (UHL), when talking about the lightning-fast process that led to the collaboration recently announced by the two family-controlled companies.

"It's been a very easy process because we know each other well, and because we practically don't have the same customer base and don't have our competencies focused on the same markets. It's also eased the process that our operations use the same IT program, so we don't have to implement major internal changes to hook the businesses together," says Lars Rolner, who established United Heavy Lift in the spring of 2015 after spending decades in the sector for project vessels, including a period as CEO, co-owner, founder of SAL Heavy Lift in Hamburg.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

3i buys AMP out of Esvagt

Private equity firm 3i, which owns half of carrier Esvagt, has agreed with the company's second owner, AMP Capital, to take over all of Esvagt for GBP 268 million, making 3i the sole owner. The transaction is expected to close in the first quarter of 2022.

Further reading

Related articles

Latest news

See all jobs