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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.

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Nordic shipowners see multiple problems with speed limit

Danish Shipping and the Norwegian Shipowners' Association think that there are many potential pitfalls in implementing a speed limit for vessels in order to reduce their greenhouse gas emissions. The discussion of a speed limit was instigated by the new ECSA chairman.

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