Denmark’s Thornico is keeping on the consolidation trail in the multipurpose sector with the creation of a new alliance with MC-Schiffahrt.

Thorco Projects, Thornico’s joint venture with Lars Rolner’s United Heavy Lift (UHL), has teamed up with the German owner to form a pool with 14 ships.

Thomas Mikkelsen, chief executive of Thorco Projects, said: “We are very pleased that MC-Schiffahrt has shown us this confidence, which needs to be highlighted in today’s shipping scene.

“We