Why Thorco and Ramskov parted ways

"When the board at this time is not ready to look at the next step, they don't need someone like me," now-former CEO of Thorco, Henrik Ramskov, tells ShippingWatch after his surprising exit from the carrier.

Photo: Pressefoto

Thorco Shipping finished 2013 with a profit, nothing showy, but a small profit including costs following the merger with Clipper Projects and in an extremely difficult market, the carrier's Chairman Thor Stadil tells ShippingWatch. Still, the Board of Directors of Thorco Shipping - which is controlled by Thor Stadil and his son Christian Stadil - decided a few days ago to part ways with Henrik Ramskov, the carrier's CEO since the summer of 2013, who thus wound up serving for less than one year.

When the Board of Directors at this time is not ready to look at the next step, they don't need someone like me. Of course it's sad, but it would have been even more sad not to recognize this fact.

Henrik Ramskov, former CEO Thorco Shipping

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

Further reading

Related articles

Latest news

See all jobs