Extreme start to 2016 took J. Lauritzen CEO by surprise

It was expected that the dry bulk crisis would continue into 2016. But it was unlikely that anyone would have predicted that February would be the worst month ever, says J. Lauritzen CEO Jan Kastrup-Nielsen. In an interview with ShippingWatch, he describes the period as "extreme."

The dry bulk crisis was expected to hover as a dark cloud over the first quarter of the year for carrier J. Lauritzen.

But that February would end up as the worst month ever for dry bulk still took CEO Jan Kastrup-Nielsen by surprise. He describes the all-time low period as "extreme."

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