J. Lauritzen lowers full-year guidance for 2016

The challenging dry bulk market makes J. Lauritzen lower its full-year guidance. Mads P. Zacho in the quarter took over as CEO of the carrier, which booked yet another negative bottom line.

by LOUISE VOGDRUP-SCHMIDT

The extremely dire dry bulk market once again weighed down the results at J. Lauritzen in the third quarter, which is the carrier's first quarter under new CEO Mads P. Zacho.

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