Snapshot: Thorco Projects

Thorco Projects is a multipurpose ship operatorinvolved in project cargo, heavylift, renewables industry cargoes, offshore oil-and-gas industry cargoes, general cargo, steel, floating cargo and bulk.

Founded: 2003

Fleet: 55 multipurpose ships

Headquarters: Hellerup, Denmark

Leadership: Thomas Mikkelsen, chief executive

Danish MPP player Thorco Projects has warned newcomers to the sector that economic barriers may be low, but the technical and performance challenges will prove tougher hurdles.