Thorco Shipping turns deficit into profit

Shipping company Thorco Shipping, owned by the Danish Stadil family, turned a deficit in 2011 into a profit in 2012, and the company expects to keep growing while strengthening its fleet of 50 ships.

BY LOUISE VOGDRUP-SCHMIDT

Thorco Shipping increased its revenue and profits from 2011 to 2012, leading management to express its satisfaction with the developments of the Svendborg-based company that handles shipping and forwarding, according to the shipping company's annual report.

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Thorco Shipping turns deficit into profit

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Thorco sells off old ships

Thorco: A great idea, but we are not Clipper’s pool partner

Thorco: Today’s market encourages investments

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs