Denmark’s J. Lauritzen has established Lauritzen NexGen to actively invest in the decarbonisation of the shipping industry. It is currently building three Kamsarmax bulk carriers with methanol dual-fuel engines, which have been taken on long-term time-charter by Cargill.
The company says its ambition is to grow Lauritzen NexGen through further investments in zero-emission capable assets, preferably in partnerships with charterers, shipyards, financiers and potentially also equity partners.
To support this initiative, Lauritzen NexGen has teamed up with Ulrik Uhrenfeldt Andersen, who will work with J. Lauritzen in the coming months to identify growth opportunities and strategic partnerships for the company.
Ulrik Uhrenfeldt Andersen has extensive maritime industry experience, and he most recently worked as CEO for Golden Ocean Group, Norway and Avance Gas, Norway. Before that, Ulrik Andersen was Head of Shipping for Petredec, Singapore and Managing Director for Neu Gas Shipping, Germany.
J. Lauritzen is a Danish maritime investment company established in 1884, which is fully owned by the Lauritzen Foundation. Today it acts as a value creating owner of Lauritzen Fonden’s portfolio of maritime and maritime related investments, except the Foundation’s controlling interest in DFDS. It has nine investments in its portfolio with a total market value of about USDm 600.
