Torben Janholt originally turned down the offer

Former J. Lauritzen CEO Torben Janholt did not expect to once again serve as chief executive of a dry bulk carrier. But an obvious lack of management and insistence from the primary shareholder convinced the now 70-year-old shipping man to return.

by TOMAS KRISTIANSEN

Torben Janholt actually figured that his career after retiring from J. Lauritzen four years ago would be shaped by a range of board positions from the base in JustWater's one-man office in Hellerup just outside Copenhagen.

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