Bulk

Thorco owner: I no longer dare to be an optimistic shipowner

"I've been optimistic for 12 years, but I don't dare be an optimist anymore," Thor Stadil tells ShippingWatch. The Thornico group will support and develop the carrier Thorco Projects, while Thor and Christian Stadil take responsibility for costly acquired vessels that no longer burden the firm.
Photo: Thorco
Photo: Thorco
by OLE ANDERSEN

"Today, I don't dare be optimistic as an owner of vessels. I've been optimistic for 12 years, but I don't dare be an optimist anymore because we simply spent too much money. In my wildest dreams, I did not imagine 3-4 years ago that things would just get worse and worse."

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