Lorentzen & Stemoco is just Lorentzen & Co again, over 102 years after the founding of the company under that name.
The Oslo brokerage and its sister shipowning company Eastern Bulk are headed by chief executive Christian Andersen, and controlled by Caroline Figenschou Tidemand and Kristin Tidemand Eckhoff, who are fourth-generation descendants of founder Jorgen Lorentzen.
Andersen told TradeWinds the renaming was originally planned for the company’s centennial.