J. Lauritzen CEO: The carrier's future is smaller vessels

J. Lauritzen will gradually phase out larger dry bulk vessels when their contracts expire. "We're strong in Handysize, and that's where we've historically been the most profitable," CEO Mads P. Zacho tells ShippingWatch.

by DANIEL LOGAN

J. Lauritzen is looking to turn its dry bulk business into a pure play carrier focused on the smaller vessel types, Handysize, once its existing and long-term commitments to the larger Supramax vessels expire, CEO Mads P. Zacho tells ShippingWatch.

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