Thorco Projects optimistic again after losing nearly USD 150 million

It cost Thorco and the Stadil family roughly USD 150 million to be a shipowner, but that is over now, and Thorco Projects CEO Thomas Mikkelsen is highly optimistic about a project market where one commodity in particular boosts his confidence in the future.
Photo: PR / Thorco Projects
Photo: PR / Thorco Projects
BY TOMAS KRISTIANSEN

Although Thorco Projects has moved into a fashionable red-brick house in Hellerup, north of Copenhagen, this is as such not an upgrade to its headquarters.

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