Tithorn Bulk was founded in 2016 by Thornico and is a dry bulk ship operator with focus on handy and supra segments. The company is performing on average 300-350 voyages each year across the globe.

The company has commercial offices in Denmark, Switzerland, U.S and Chile with the aim of being close to clients and business partners.

In December 2020 NavisionGroup successfully participated in a management buyout (MBO) of Thornico together with the existing management.