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Read all the latest news about Pioneer Marine. ShippingWatch gives you independent, credible, critical and fair news.

Janholt on dry bulk upturn: There are a lot of unknown factors

Dry bulk rates have recently seen an increase following a particularly tough start to the year for the sector. But several factors make it difficult to assess how long this upturn will last, says Pioneer Marine CEO Torben Janholt in an interview with ShippingWatch.

Pioneer Marine aims for profit after turbulent year

Dry bulk carrier Pioneer Marine, which in September brought in former J. Lauritzen CEO as new chief executive, delivered a fourth quarter profit. The carrier is now aiming for a full-year profit in 2018, Janholt tells ShippingWatch.

Torben Janholt originally turned down the offer

Former J. Lauritzen CEO Torben Janholt did not expect to once again serve as chief executive of a dry bulk carrier. But an obvious lack of management and insistence from the primary shareholder convinced the now 70-year-old shipping man to return.

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