Carriers

J. Lauritzen significantly reduced its deficit in 2020 after divestment and capital injection

J. Lauritzen exits 2020 with a considerably lower deficit and the company, which now only consist of dry bulk following the sale of its gas business, expects to book its first profit in more than ten years in 2021, although the year is subject to more uncertainty that usual.
Photo: PR-FOTO
Photo: PR-FOTO
by DANIEL LOGAN

The now dry bulk-dedicated shipping company J. Lauritzen cut a major chunk off its deficit in 2020, which became a year in which the carrier honed in on its dry bulk business and sold of its gas business.

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