J. Lauritzen lowers forecast to minus USD 50-100 mln in 2015

The lowest dry bulk market in 30 years, with significant uncertainties in at least the remaining part of 2015, says CEO Jan Kastrup-Nielsen after a new depressing interim report from J. Lauritzen after the first three months of the year.

J. Lauritzen lowers its projections for the full year 2015 to a net deficit of USD 50 to 100 million, from previously a deficit of USD 20-70 million, according to the group's interim report for the first quarter 2015.

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