ShippingWatch

Lauritzen Bulkers set to book first profit since 2010 following market boom

Lauritzen Bulkers expands its fleet by around 40 percent in a bustling dry bulk market. The dry bulk operator is set to book the first profit since 2010, and a major one at that, the CEO tells ShippingWatch.

Photo: PR/J. Lauritzen

Lauritzen Foundation, the majority owner of Lauritzen Bulkers, can finally move past years of financial headaches as J. Lauritzen's dry bulk business finally enters the black.

The bustling dry bulk market, fueled by strong demand and the highest freight rates in ten years, has generated an earnings bonanza for many dry bulk companies and operators, not least Lauritzen Bulkers, which is seeing black numbers on the bottom line for the first time in a decade.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs