01/07/2014at 09:49

Thorco landed profit of USD 1m in year one with Clipper

The merger with Clipper’s multipurpose fleet was the overriding event for the Stadil family’s shipping company Thorco in 2013. Last year’s profit totaled USD 1 million and 2014 should see the company barely breaking even.

BY TOMAS KRISTIANSEN

With the takeover of Clipper’s multipurpose fleet last year, Thorco took a giant leap up the ladder of the world’s biggest carriers within the segment odd-sized packages.

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