Lauritzen sells capesize bulker

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Lauritzen Bulkers have sold the 5 year old capesize bulker Camilla with 179,000 DWT to Greek Marmaras Navigation. According to Tradewinds, the sale is worth $ 40 million, but the company would not confirm this amount.

Lauritzen Bulkers CEO Peter Borup told Tradewinds, that the company is planning further divestment of capesize ships.

"We do not wish to be capesize" Peter Borup said to Tradewinds, adding that the company would rather invest the money in the Supramax and Handysize segments.

Source: Tradewinds / Maritime Denmark