J. Lauritzen pleased with OSG settlement

"It's an acceptable deal for us," says Jens Søndergaard, Senior Vice President of J. Lauritzen, about the settlement with American OSG.

With a US court settlement that could ultimately provide the shipping company with USD 300.000 from bankrupt tanker carrier OSG, J. Lauritzen has locked its claim against the American shipping company, which is under Chapter 11 bankruptcy protection.

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