Lauritzen Bulkers will open a new office in Dubai, UAE in August this year as it seeks to tap on the anticipated growth of the Middle East region.
The dry bulk division of Denmark’s J. Lauritzen currently has offices in Copenhagen, Singapore and Stamford.
“The Middle East region is an important and growing area for us and the decision to open an office in Dubai means we will be closer to existing and new customers, enabling us to further grow our activity there,” commented Niels Josefsen, ceo of Lauritzen Bulkers.
“Dubai is a vital business hub and with substantial amounts of dry cargo, such as grain and steel products, moving in and out of the region, it is a destination where we want to be present. Furthermore, the opening of an office in Dubai is part of our goal to double our overall short-term trading activity,” he added.
The new Dubai office will be headed by general manager Simon Fast, and he will be joined by chartering manager Christian Elbæk.
Read more: J. Lauritzen removes 15 bulk carriers amid weak market
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