Thornico has launched Thorco Bulk, a new “asset-light” venture that will operate handysize and supramax bulk carriers from today onwards.
Thorco Bulk is a separate sister company to Thorco, which specialises in project cargo business, and is headed managing directors Marc Slinger, René Mikkelsen and Uffe Hansen.
Thornico’s owners, Thor and Christian Stadil, said the “strong” management team “was a main reason for this joint venture to become a reality”.
Thor Stadil said that expansion into the dry bulk sector via Thorco Bulk, seemed natural and would complement Thornico’s existing business.
“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,” Stadil said in a release.
