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bentøstergaard.jpg
Bent Østergaard, adm. direktør i Lauritzen Fonden, forventer ikke, at J. Lauritzen får brug for flere penge fra sin ejer.
Photo: PR-foto/Lauritzen Fonden

Owner and CEO agree: J. Lauritzen will not need more capital injections

Bulk:

There will be no need to inject more money from Lauritzen Fonden into J. Lauritzen, agree the managing director of owner Lauritzen Fonden and the carrier's CEO in comments to ShippingWatch. J. Lauritzen has received a little over USD 194 million from the owner in 2016 and 2017.


BY LOUISE VOGDRUP-SCHMIDT | NIKLAS KRIGSLUND
Published 19.05.17 at 10:14

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Most read Bulk

Ultrabulk vessel detained in Panama

Ultrabulk31.jpg Bulk:

A vessel from carrier Ultrabulk loaded with phosphate has been detained in Panama. Ultrabulk is breaching international laws, says NGO. The cargo is legal, says Ultrabulk CEO Per Lange, who is backed by association Danish Shipping. The vessel has been released Monday.

Jinhui Shipping suffered new deficit in Q1

Bulk:

The first quarter 2017 brought the Oslo-listed dry bulk carrier a deficit of USD 8 million after taxes, though this represents a significant improvement from the first quarter 2016.

Analysts: Dry bulk shares will be winners in 2017

Bulk:

After a brutal start to 2016, it now seems that 2017 will be a much better year for dry bulk carriers such as Norden and Golden Ocean, which currently boast positive recommendations from Danske Bank as well as Clarksons Platou.

JP Morgan: Dry bulk market will be even worse in 2016

Bulk:

In a new report, investment bank JP Morgan points to bleak prospects for the dry bulk sector in 2016. Read on to learn what the bulk carriers are up against next year.

"Unfortunately, I was wrong"

Bulk:

"I was wrong," says CEO Robert Bugbee in the wake of an accumulated loss close to USD 650 million after Scorpio Bulkers was launched. Now, with new investors, he projects big gains. Once again.

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Bulk:

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Current front page

New shipping fund with Maersk players makes first acquisition

Henrik Ramskov.jpg Tanker:

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Norway to accelerate oil drillings in the Barents Sea

Offshore:

Norway's minister for petroleum and energy wants to facilitate new drillings in the Barents Sea as soon as possible to make sure that Norway does not lag behind in the Arctic race against Russia.

Iraq paves way for OPEC deal with support for 9-month extension to cuts

Offshore:

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Concordia CEO welcomes tough tanker year

Tanker:

Concordia Maritime's CEO is confident that his carrier is well padded for a challenging year in product tanker. And the Swedish carrier is watching the second-hand market, he says.

Seadrill's market value has plunged big-time in 2017

Offshore:

The share price of John Fredriksen's drilling company Seadrill has declined drastically since the turn of the year. Ahead of the interim report set for release Wednesday morning, analysts note that the company has been unable to settle its announced restructuring.

Lightship returned to profit in 2016

Services:

Shipbroker Lightship delivered a profit for 2016 and thus eradicated its deficit from 2016. The company anticipates an even better 2017.

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