ShippingWatch

Dramatic dispute among partners at Lightship Chartering

After merger plans with Maersk Broker fell apart a few months ago, ShippingWatch has learned that tensions have emerged between the partners in brokerage firm Lightship Chartering.

Frank Mortensen, CEO of Lightship Chartering

Shelved plans for a joint venture with Maersk Broker have sparked intense talks and disagreement among the partners of Lightship Chartering. The merger, which was called off in June, would have seen the two entities combine their dry bulk chartering activities under a new company.

While Chairman Morten Have usually manages the firm's Geneva office, he spent Monday in meetings at Lighthouse Chartering's headquarters in Copenhagen. He did not respond to repeated inquiries from ShippingWatch.

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