Thorco invests in a series of new ships
Thorco is upgrading its fleet with newer multipurpose ships. This is just one strategy used up by the carrier, which like its competitors finds itself in a hard-pressed market.
BY KATRINE GRØNVALD RAUN
Thorco Shipping has bought five large multipurpose ships, so-called 'tweendeckers', to replace older ships in the company's fleet. The purchase of ships which are already on the water forms part of the carrier's strategy to replace older tonnage and upgrade the fleet. Thorco, controlled by the Danish Stadil family, bought two ships last year of 20,000 dwt each from Maersk Line. The carrier also has a newbuilding program in place on a Japanese yard for ten new L-class ships.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Evergreen in feeder shopping spree
For subscribers
Torm buys younger ships as part of fleet renewal
For subscribers
Thorco Shipping has not impaired fleet in two years
For subscribers
.jpg&w=384&q=75)