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J. Lauritzen still strained despite improvements

J. Lauritzen was able to reduce its deficit in the second quarter 2017. But an actual comeback in strained dry bulk rates still seems far off, says CEO Mads P. Zacho.

Photo: PR-foto/J. Lauritzen

Things are going slightly better for Danish dry bulk carrier J. Lauritzen, which has been struggling with a weak market for years now.

Though glory days of the past look long gone, the dry bulk rates have improved slightly in 2017 so far, and this is reflected in J. Lauritzen's results, as the carrier was able to reduce its deficit in the second quarter.

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