We are approaching the end of 2017, and I would like to thank our business partners and friends, as well as summarize the year that has passed.

2017 has been characterized by a still turbulent market. You might say that we are experiencing a “new normal.” However, we firmly believe that when one door closes, another opens. We are in a period of innovation on many different fronts. To grasp the full potential, we need to reset our mindset. In Thorco Projects, we think outside the box, creating and seizing opportunities in the market we face.

We recently added a new dry cargo division to our business portfolio and as a result of this expanded our line of core services, moving into the segment of 20 – 35,000 DWT. Additionally, we opened offices in both Italy and France, strengthening our global presence. We continuously strive to find new ways to expand and build upon our strong foundation. A mindset which will characterize the year to come as well.

We are headed for 2018, the year where we can celebrate our 15th anniversary. Since our establishment in 2003, we have rapidly grown to become an industry leader. A positive development which is attributable to substantial innovation and a high level of flexibility.
Flexibility and transparency are essential to us in Thorco Projects and the way we do business. We pride ourselves on being a dynamic company with a very flat organization. The link from idea to execution is short. We, furthermore, have a vast global network and innovative employees, who are ready to embrace change. Qualities which are crucial facing challenging fairways ahead.

We have our work cut out going forward in 2018, and we have several projects in the pipeline. We will continue to expand and set new standards. We are already well underway with a couple of ground-breaking initiatives and will reveal more about this at the beginning of the year. We thus look towards the future with high aspirations.

On behalf of the entire Thorco Projects Team, I wish to thank all our business partners and friends for their valuable support and co-operation.


Happy Holidays to all of you!

With kind regards,

Thomas Mikkelsen