Carriers

Thor Stadil to bank on chartering vessels after major losses

A "light model" without any ownership of vessels will guide Thor Stadil's shipping activities in the years to come. Stadil's Thornico group only has one vessel left, and he is ready to sell it at the right price. Bankruptcy and legal battles have dogged his time as a shipowner.
Photo: PR / Skovdal / Thornico
Photo: PR / Skovdal / Thornico
by JENS THOMSEN

In the wake of bankruptcy and major losses from acquisitions of vessels, Thor Stadil, head of Thornico group, has been discouraged from owning vessels in the company's shipping subsidiary Thorco Projects.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs