Following on from what parent group described as “not satisfactory” annual results last month, Peter Borup has left his position as president at Lauritzen Bulkers. Borup, formerly with Norden and before that Maersk, had been at the Lauritzen post since 2012.
Lauritzen Kosan president Thomas Woidemann will replace Borup on an interim basis while the company searches for a full time replacement.
J. Lauritzen, the parent firm, is going through extensive restructuring at the moment.