New CEO for Lauritzen Bulkers

(Posted on 24/10/18)

J. Lauritzen has announced the appointment of Niels Josefsen as CEO of Lauritzen Bulkers.

Niels Josefsen will take the reins from Thomas Wøidemann, Chief Operating Officer (COO), who since March 2017 has been responsible for the commercial and operational activities of both Lauritzen Bulkers and Lauritzen Kosan.

“Thomas Wøidemann has done an outstanding job as head of both our business units over the last 20 months. In particular, he has set the direction and strategy for our dry cargo activities, enabling Lauritzen Bulkers to benefit from the improvement in market conditions. He will now devote his considerable talent to Lauritzen Kosan whilst Niels Josefsen does the same for Lauritzen Bulkers.”

“Each business will have a leader with a sole focus on fulfilling the potential of the very interesting development opportunities we see in both the gas carrier and dry cargo markets at the moment and our ambition to grow our businesses,” said Mads P. Zacho, CEO of J. Lauritzen.

Niels Josefsen has held various managerial positions in A. P. Moller-Maersk in Denmark and China, and for Klaveness in China, Singapore and Norway.

“Josefsen brings solid experience having spent more than 30 years in the dry cargo industry. I am sure that through his leadership we will be able to further leverage Lauritzen Bulkers’ already strong market reputation”, adds Zacho.

Josefsen will take over his new position on 1 December 2018. Both Wøidemann and Josefsen will be reporting to Mads P. Zacho.

Josefsen (56) served as a deck officer in A. P. Moller-Maersk before he embarked on a commercial career with Maersk Bulk in Copenhagen and Beijing (1987-2003). From 2003 until 2015 he worked for Klaveness in Asia based in Beijing and Singapore. Since 2015 Josefsen has been Executive Vice President and head of dry bulk for the Torvald Klaveness Group, based in Norway.