ThorSvecon Group AB (TSG) News

EU ETS expands to include the shipping industry in 2024

The EU’s Emission Trading System, EU ETS, is a policy instrument for reducing greenhouse gas emissions. The system is based on the fact that companies that emit greenhouse gases must hold emission rights to cover their emissions. Emission rights are a limited resource that is sold on a market. Companies covered by the EU ETS must report their emissions to the authorities. Emission rights are an important part of the EU’s climate policy and the system has contributed to reducing gree...

ThorSvecon Group AB’s subsidiary SUN Line introduces new container route which connects Stockholm directly to Rotterdam and Hull

In November the shipping company SUN Line Shipping introduced a brand new Rotterdam ˗ Stockholm ˗ Hull container service route. This means that Stockholm Norvik Port now has two new destination connections, further strengthening the port’s status as an important logistics hub in the Greater Stockholm area. The new Rotterdam ˗ Stockholm ˗ Hull container service route was inaugurated on 11th November. Shipping company SUN Line Shipping, a subsidiary of ThorSvecon Group AB (TSG AB), has incr...

TSG AB expands fleet for Stockholm to Rotterdam route

As of 8 November 2022, TSG AB is expanding its fleet with an additional vessel on the Baltic and North Sea. The vessel will be deployed on the Stockholm/Norvik – Hull - Rotterdam route. TSG AB's subsidiary SUN Line is investing in strengthening its service and is adding a vessel to the Stockholm/Norvik-Hull-Rotterdam route from 8 November 2022. Demand from freight buyers TSG already has the vessels Alrek, Frej and Odin calling at Västerås – Amsterdam - Hull The company...

CDS system replaces CHIEF for UK import/export 2023

UK Customs (HMRC) will change the system for handling import declarations. The new system CDS (Customs Declaration Service) replaces the current system CHIEF. In the spring of 2023, the handling of export declarations will also move to the new system. In order for customs processing to continue without delay, it is important that the recipients, and eventually also senders, register in the new CDS system. They can get more information about CDS from the British Customs Authority. Why is there...

Thor Svecon Group AB's strategic growth plan

Thor Shipping & Transport AB and Svecon Freight AB are changing their names to Thor Svecon Group AB and at the same time introduce a new visual identity. The name change decided at an Extraordinary General Meeting on March 18, 2022, marks a new phase in the company's development and is another step in strengthening the company's market position and continued growth in line with the strategic plan. Strategy plan "We have great ambitions to continue on this growth journey. In recent years,...

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