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Oldendorff Carriers expands fleet

Published by , Assistant Editor
Dry Bulk,

Earlier this year Oldendorff Carriers ordered two 61 300 Ultramax new-builds for delivery July 2022 and acquired two 93 000 DWT Post-panamaxes in separate transactions.

The 61 300 Ultramaxes will be delivered from Dalian Cosco Kawasaki Ship Engineering Co Ltd (DACKS) in July 2022 and are of the Kawasaki eco design, of which Oldendorff had previously built nine units at DACKS and sister yard NACKS until 2019. The vessels feature Masada/Mitsubishi cranes, bollards for the New Panama Canal, ‘Erma First’ BWTS, a Hudong-MAN-B&W 6S50ME-B9.3 main engine, and a large content of equipment imported from Japan, such as Daihatsu auxiliary engines, Nakashima propeller, etc.

The two 93 000 DWT Post-Panamax vessels were built in 2012 in China and will be taken over in India in the first half of April. They are equipped with a Korean-built Doosan-MAN-B&W 6S60MC and Doosan auxiliary engines. Oldendorff already had the vessels on floating index charter for several years, during which they have shown excellent performance.

The last two Newcastlemax new-builds, MV Heide Oldendorff and Hauke Oldendorff will be delivered from Hantong Shipyard in August and October/November 2021. They will be used in the company’s usual Capesize trades, before servicing a long-term CoAs from 2023 onwards. That will complete the series of 18 MARIC-design Newcastlemaxes, built over five years at three different yards in China, of which the company had sold on four units with long-term charter back.

The first of two highly specialised Transloader new-builds, MV Calypso was delivered from Chengxi Shipyard on 15 January and sailed to North Vietnam, where she was commencing a 25-year transhipment CoA for a consortium of Marubeni and Kepco. Her sister vessel Anna will be commissioned in July. Oldendorff’s Handysize bulker Lily Oldendorff (38 000 DWT, built 2017 at Avic Weihai) was sold to buyers in the United Arab Emirates and will deliver to them next month.

Adding these transaction and ships that were recently taken on period charter, Oldendorff Carriers’ fleet under operation will exceed 750 vessels.

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