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Lauritzen's head of dry cargo steps down

J. Lauritzens' head of dry cargo, Peter Borup, has stepped down from the carrier "following mutual agreement." The carrier is currently struggling to settle a refinancing agreement. The head of Lauritzen's gas vessels will serve as interim head of dry cargo.

Photo: Pressefoto/Carsten Lundager

J. Lauritzen's head of dry cargo, Peter Borup, will leave the carrier "following mutual agreement," sources tell ShippingWatch.

The decision comes while J. Lauritzen is in the midst of a difficult situation, as the carrier has for weeks attempted without success to settle a refinancing deal with its banks and owners, an agreement which a series of bondholders have repeatedly rejected.

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