J. Lauritzen was hit hard when Korean carrier STX Pan Ocean filed for bankruptcy in early 2013 and returned two of J. Lauritzen's Capesize ships - which were placed with STX on long-term charter contracts - significantly ahead of time.
Since then, J. Lauritzen has had a claim in the STX Pan Ocean estate, and the carrier has now sold that claim, CEO Jan Kastrup-Nielsen tells ShippingWatch after the company announced the sale in a brief to the stock exchange.
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