ShippingWatch

J. Lauritzen sees horrible 2015 ahead

Bulk carrrier J. Lauritzen suffered a USD 165.7 million deficit in 2014, and the carrier's executive management finds it difficult to see any significant improvement this year.

Photo: J. Lauritzen

J. Lauritzen is headed for a new nightmare year in 2015, where, in the words of the carrier's management, it is difficult to find any indicators that the company's core businesses - of which dry bulk is the biggest by far - can look forward to any significant improvements.

The carrier suffered a 2014 net deficit of USD 165.7 million, compared to a USD 284.6 million deficit the year before. The result falls in line with the carrier's expectations as outlined in a statement in December last year.

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

ECSA's new secretary general balances on a razor's edge

ECSA’s newly appointed secretary general, Sotirs Raptis, has taken up the helm of an organization criticized by its own members for being invisible. In an interview with ShippingWatch, Raptis explains how he intends to alter that image.

Further reading

Related articles

Latest news

See all jobs