It took three top execs and a historical surge to make J. Lauritzen profitable again

”We’re in another place entirely today,” says Lauritzen Bulkers CEO Niels Josefsen following the company’s first annual profit since 2010. ShippingWatch has examined the decade that completely changed the 138-year-old carrier.

Photo: PR / J. Lauritzen

It was one of the last days in February 2013 when J. Lauritzen Chief Executive Torben Janholt held his farewell reception after having led the dry bulk carrier since 1998.

It all took place in the old white mansion at the end of Sankt Annæ Square, which, with its unhindered view of Copenhagen Harbour, for years had made up the head office and a prominent gathering spot for the shipping line with roots going back to 1884.

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