J. Lauritzen is a couple of thousand dollars a day from turning a profit on dry bulk
If J. Lauritzen is to make money on dry bulk, the rates need to increase a couple of thousand dollars a day, CEO Mads P. Zacho tells ShipingWatch. Despite bright spots, he declines to speculate about when the shipping company is profitable again.
Almost a decade has passed since the last time J. Lauritzen's dry bulk business was profitable, and if this ambition is to be realized this year, the rates need to improve by a couple of thousand dollars per day, the shipping company's CEO tells ShippingWatch.
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