Shipping banks put pressure on J. Lauritzen owner

A number of banks including Danske Bank and Nordea, have combined forces to put pressure on the foundation backing carrier J. Lauritzen to inject more money into the company, accordng to a number of sources.

BY MORTEN JOHNSEN, FINANS

After massive losses in recent years as well as a collapsed dry bulk market, the economic situation for once-renowned carrier J. Lauritzen is now so severe that new capital is needed.

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