Lauritzen

Company History: J. Lauritzen (JL) is a Danish shipping company with worldwide operations headquartered in Hellerup, Denmark. JL is a private company wholly owned by the Lauritzen Foundation, a Danish commercial foundation that is also the parent of DFDS, Northern Europe's largest shipping and logistics company.

JL controls a fleet of bulk carriers (Lauritzen Bulkers) and gas carriers (Lauritzen Kosan) that operate worldwide. In 2014, JL controlled a fleet of approximately 150 vessels. JL has offices in Denmark, Singapore, China, USA, the Philippines, Spain & Switzerland. JL’s dry bulk operations started in the late 1970s when the focus was on handysize bulk carriers/lakers. Today, Lauritzen Bulkers A/S controls a fleet of around 90 handysize, handymax and capesize bulk carriers with an average age of six years in 2014. The handysize operations are the largest business activity and comprises a fleet of homogeneous vessels.

Brief History: Denmark , officially the Kingdom of Denmark, is a Nordic country and a sovereign state. The southernmost of the Scandinavian nations, it is south-west of Sweden and south of Norway, and bordered to the south by Germany. The Kingdom of Denmark also comprises two autonomous constituent countries in the North Atlantic Ocean: the Faroe Islands and Greenland. Denmark proper consists of a peninsula, Jutland, and an archipelago of 443 named islands, with the largest being Zealand, Funen and the North Jutlandic Island. The islands are characterized by flat, arable land and sandy coasts, low elevation and a temperate climate. Denmark has an area of 42,924 km2 (16,573 sq mi), total area including Greenland and the Faroe Islands is 2,210,579 km2 (853,509 sq mi), and a population of 5.75 million (as of 2017).