Thornico launches its newest player on the shipping market, the dry bulk carrier Thorco Bulk. Thornico already owns the project oriented carrier Thorco Shipping and with the opening of its second company, and thus expansion of the Thorco family, company aims to strengthen its business, the company said in its press release.
Thorco Bulk will be an asset-light operator, primarily within the handy/supra segment. Thorco Bulk will be up and running on Monday, August 1.
According to Thor Stadil, an expansion into the dry bulk segment, in the form of the new company Thorco Bulk, seems natural and complements the existing business very well. “During the last years, the lines between the different shipping segments have been fading and especially bulk is a growing part of the business. We are very strong within project and as the segments overlap, it makes sense to expand the business to get closer to our clients and thus be able to serve them with a wider range of services,” he elaborates.
The two Thorco companies will be separate subsidiaries, each running their businesses independently within bulk and project. Still, they will as sister companies be run very closely and according to CEO and Partner in Thorco, Thomas Mikkelsen, the synergies to be gained between the two are numerous.