J. Lauritzen's owner puts headquarters up for sale

Lauritzen Fonden, which is the fund behind the crisis-stricken dry bulk carrier J. Lauritzen, has put its headquarters in Copenhagen up for sale in the hopes of raising over USD 28.9 million.

The well-padded carrier owner Lauritzen Fonden is now putting it headquarters up for sale in central Copenhagen in the hopes of raising over USD 28.9 million.

The sale is taking place during one of the most severe crises in the history of dry bulk, where J. Lauritzen over the past four years has lost almost USD 722 million. The big losses have been painful for the fund backing the company.

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