Norborg after ship acquisition: "Clipper Group is through the worst"

Clipper's restructuring is almost settled, and the shipping company is now able to look to the future again, says chief executive Peter Norborg to ShippingWatch after acquiring three new vessels from J. Lauritzen backed by a New York based equity fund.

Photo: PR / Clipper

The acquisition of three handysize vessels, at 32,000 dwt each, is a sign that the comprehensive restructuring Clipper Group had to go through earlier this year is finally nearing its end, and that the shipping company is slowly returning to its role as an active shipowner.

The ships have been sold by J. Lauritzen and will enter as an asset in an owner-partnership with a private equity firm, according to market sources

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