J. Lauritzen reports new deficit for first half of 2016

Dry bulk carrier J. Lauritzen left the first half of 2016 with a bigger operating loss, while the net result was vastly improved following one-off items in the period. New CEO Mads Peter Zacho will take over the reins on September 19th.

Photo: Rederiforeningen

Danish dry bulk carrier J. Lauritzen is still struggling heavily in the current dry bulk downturn, and the dire state of the market is once again reflected in the carrier's second quarter interim report, published today, Friday.

The carrier also informs that new CEO Mads Peter Zacho will replace current chief executive Jan Kastrup-Nielsen on September 19th 2016.

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