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Owner lent Thorco USD 38 million

Thor Stadil and Christian Stadil provided, through the Thornico group, a loan of USD 38 million to Thorco Shipping, which finished 2014 with a net deficit of close to USD 20 million.

In 2014 the Thornico group, which is controlled by Thor Stadil and Christian Stadil, had to provide a USD 38 million three-year loan to its subsidiary carrier Thorco Shipping.

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