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OLDENDORFF EXPANDS FLEET WITH SUPERECO DESIGN BULKERS

Monday, July 20, 2020 

German dry bulk shipping company Oldendorff Carriers says that in the last year and a half it has taken delivery of 23 bulk carrier newbuildings from Chinese and Japanese yards, all following the company's Supereco designs, claimed to set a milestone in terms of low fuel consumption and emissions.

The remaining orderbook comprises a further nine vessels from Chinese yards, scheduled for delivery in 2020/21. Of the newbuldings, six of Kamsarmax sixe and two Newcastlemaxes were sold to third parties, mostly with long term bareboat charter back. As well as vessels for Oldendorff's owned fleet, a further 16 newbuildings have been ordered for long term charter from other owners. In addition to the newbuilds, the company has puchased three large bulkers on the secondhand market.

Oldendorff says it is a market leader in the Postpanamax to Babycape size range, with around 115 vessels operated including 30 owned units.

Peter Twiss,  CEO Oldendorff Carriers, said: "Since 2013, Oldendorff has invested US$3 billion in 90 new eco vessels built in China, Korea and Japan, which have fuel-efficient and reduced greenhouse gas emissions engines, and a number of fuel saving devices to reduce consumption and carbon emissions. Today over 95% of the Oldendorff fleet, and most of our chartered vessels, are eco type vessels.“

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