Thorco Shipping expands fleet in tough market

It looks unlikely that multipurpose will see a rebound anytime soon, but the Clipper ships have opened the door to new business opportunities, says Thorco Shipping CEO Henrik Ramskov.

BY OLE ANDERSEN

Since Thorco Shipping acquired Clipper's multipurpose fleet on July 1st 2013, a move that doubled the carrier's combined fleet to around 90 ships, the new Thorco organization of approx. 125 employees has taken on even more ships. But market developments in multipurpose, which are considerably tied to global activities in establishing infrastructure, and to major repair works, are not immediately welcoming on the short term, says Henrik Ramskov, CEO, Thorco Shipping.

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