Lauritzen orders more handymaxes

The Danish shipping company Lauritzen Bulkers has recently added four newbuilding contracts to the four Handymaxes already on order at Hakodate Shipyard in Japan. These latest newbuildings are identical 31,900 DWT Handysize sister ships and are scheduled for delivery between 2008 and 2010.

“Strategically timed vessel transactions help make us a worldwide leader,” says Jens Ditlev Lauritzen, president of Lauritzen Bulkers, “and we?ll continue to seek newbuilding and long-term leasing opportunities ? buying and selling vessels is an essential component of our long-term strategy.”