Transportation & Logistics International - Winter 2017 - 48
SHIPPING & PORTS
// Thorco Projects says it has a strong future
ahead with a staff that can take on new
challenges and opportunities.
was sick of working in the cold, so I came down to Houston
and started to work as a port captain," Berg says.
When Berg joined Thorco Projects, he saw an opportunity
to grow and work with several people who he had known from
working with in the past. "What also made Thorco Projects
appealing is that everyone's important. We can't survive without ops, and ops can't survive without charting," he says.
Thorco Projects adheres and maintains the business
model of profit sharing among the team within the group
and prioritizes employee retention, he adds. "Further, market conditions aside, the company is doing so well against a
lot of the established carriers ... out there," he adds.
This is largely due to the company's strong financial security and backing. "When times do get rough, we'll still be
here, going forward," Berg continues. "Unfortunately, these
days with the market being so bad, a lot of gossip circulates
in the market.
"We can still walk into our client's office and provide
them annual reports for Thorco Projects and say, 'This is
our financial security,'" he says. "We can offer that feeling
that we will be able to complete your projects throughout
A Great Setup
Thorco Projects' parent company, the global conglomerate Thornico, recently launched its sister company,
Thorco Bulk, a dry bulk carrier. "We saw there was a
need for this division," Berg says, but admits that there
are some naysayers.
"A lot of people are probably laughing at the idea
because the bulk market is doing the worst out of all the
markets," he says. "But Thornico took the approach and
said, 'Let's build Thorco Bulk and let's use our alliances
out in the market.'"
The company operates as an asset-light operator
within the handy/Supra segment under the leadership
TLIMAGAZINE.COM WINTER 2017