J. Lauritzen announced today that the company has successfully completed its plan to establish its businesses as independent companies, Lauritzen Kosan A/S and Lauritzen Bulkers A/S.
“Although poor market conditions in both bulk and gas carrier markets impacted our result for 2019, many strategic actions were taken to strengthen our business and reduce risk for 2020 and beyond,” says CEO Mads P. Zacho.
J. Lauritzen has now joined The Getting to Zero Coalition – the industry-led platform with a goal to make zero-emission vessels (ZEVs) commercially viable from 2030.
