The Lauritzen Foundation still has faith in J. Lauritzen

The owners of J. Lauritzen, the Lauritzen Fund, hasn't lost faith in the shipping company's management following last week's announcement of yet another loss for the shipping company, which expects a new mulit-million dollar deficit in 2013.

BY JØRGEN RUDBECK

On Friday last week, J. Lauritzen presented another bleak six-month result, and the shipping company lowered its expectations for 2013 to a total deficit of USD 310-340 million.

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J. Lauritzen: We'll survive without new outside capital
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J. Lauritzen expects USD 310-340 million deficit for 2013
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J. Lauritzen hit by new losses - lowers expectations for 2013
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