Thornico Enters Dry Bulk Shipping
THORNICO launched its newest player on the shipping market, the dry bulk carrier Thorco Bulk. THORNICO already owns the project oriented carrier Thorco and with this expansion it aims to offer a wider range of services to meet the needs and demands of their clients.
Thorco Bulk will be an asset-light operator, primarily within the handy/supra segment. The team behind Thorco Bulk consists of the three Managing Directors Marc Slinger, René Mikkelsen and Uffe Hansen. They all have years of experience within shipping and according to THORNICO owners, Thor and Christian Stadil. ”René, Marc and Uffe have a great track record, great know-how and expertise within the field and furthermore, an eye for sound business practice. We thus believe that the business model is sound and puts us in a great position to capitalize on any synergies,” they both elaborate.
A Sound Expansion
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 explains.
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.