Bulk

Lauritzen Foundation injected capital into strained dry bulk carrier twice in 2020

Twice in 2020, Lauritzen Foundation had to inject fresh capital into its shipping business. First to J. Lauritzen, and later just to support the dry bulk business, confirms the foundation's CEO Tommy Thomsen. In total, the owner has injected more than a quarter billion dollars in the past five years.
Photo: PR / J. Lauritzen
Photo: PR / J. Lauritzen
by TRINE VESTERGAARD

Only half a year after J. Lauritzen received a large bag of fresh capital in March last year, the ownership foundation had to inject another round of capital in August.

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