J. Lauritzen: Dry bulk challenging despite improvements

J. Lauritzen delivered an improved operating result in the first quarter, though the carrier still suffered a deficit. "Despite market improvements in Q1, dry cargo markets continue to be challenging," says CEO Mads P. Zacho. The carrier maintains its expectations for the full year 2017.
Photo: PR-foto/J. Lauritzen
Photo: PR-foto/J. Lauritzen

The market for dry bulk and small gas vessels was better in the first quarter this year than last year, and the Oslo-listed carrier thus delivered an improved performance compared to the first quarter 2016.

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