J. Lauritzen lost USD 16 million in the third quarter
![Photo: J. Lauritzen](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article6341474.ece/ALTERNATES/schema-16_9/Thunderbird%2520Bulker.jpg)
"The dry cargo markets have shown no signs of recovery during Q3. A lack of demand growth in combination with deliveries of new tonnage will make this the reality of the market for an extended period. Our Q3 result in dry cargo is as expected and a reflection of these market conditions."
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