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.

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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