Thor Stadil thought he had spotted a golden opportunity when many vessels suddenly appeared on the market at low prices in the years following the financial crisis.
Contrary to most of its competitors the Stadil family’s shipping company Thorco had money to spend when the special cargo market collapsed around 2009, and the company quickly snapped up several ships from its rivals. The hope was to cash in on the vessels when the market rebounded.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.