Lauritzen Bulkers buys Canadian breakbulk expert Alexander & Blake

Copenhagen-headquartered Lauritzen Bulkers has acquired Canadian breakbulk and parcel shipping company, Alexander & Blake.

Lauritzen Bulkers, which manages a fleet of 90-110 geared handysize and ultramax vessels, is taking over the shipping company for an undisclosed sum.

This acquisition adds valuable competencies and strong client relations to the Lauritzen Bulkers chartering and freight offerings, the company said.

Under the future brand name Lauritzen Bulkers Parcel Service, Lauritzen Bulkers will continue Alexander & Blake’s breakbulk and parcel service offering.

Alexander & Blake, a Canadian-owned and operated shipping company, has its main activities in the breakbulk and parcel service segments, with clients and core trades in the North and South American markets.

“Following a thorough due diligence process, we