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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