A Lauritzen Foundation director has cooled reports it will need to sell shares in DFDS should J Lauritzen require support.
Quotes attributed to Bent Ostergaard in the domestic media this week suggested some of the Foundation’s chips in the ferry owner would be cashed in if the shipowner needed a cash injection.
Lauritzen has suffered losses of more than $160m in the first nine months of this year and has sold a number of bulkers at a time of historically low asset values.
