The new J. Lauritzen investment team led by Kristian Mørch will include people with competencies in both shipping and investment.
The former Odfjell CEO was appointed CEO of J. Lauritzen, which is Lauritzen Fonden’s investment company, at the start of June. The company’s maritime portfolio is worth around USD 300m, and in an interview with AMWatch’s sister media ShippingWatch, he didn’t hide the fact that he has big expectations for the firm.
More from ShippingWatch
In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.