“Ole Skaarup Mounts for Shipowning Comeback”

April 2, 2004

 Tradewinds, a London-based maritime weekly magazine,  reported on April 2, 2004:

Excerpt:

“Dry-bulk pioneer Ole Skaarup is plotting a shipowning comeback with Chinese partners. The Greenwich, Connecticut-based owner and brokers aims to use 50-50 joint venture with Chinese mainland industrial companies as a platform for expansion. First up in the program will be the 39,000-dwt bulker Farland (built 1984), already in Skaarup fleet”

“Chairman Ole Skaarup, who started the company in New York in 1951, is credited with designing and ordering the first modern dry-bulk carrier. Later he pioneered the self-unloading bulker.”