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OLDENDORFF ORDERS MORE LOW-CONSUMPTION BULKERS FROM HANTONG

OLDENDORFF ORDERS MORE LOW-CONSUMPTION BULKERS FROM HANTONG

Monday, November 1, 2021 

Oldendorff Carriers has signed contracts for another two batches of newbuildings; a series of eco-Kamsarmaxes with Hantong Shipyard, comprising five firm vessels and seven options.

Oldendorff says the options are likely to be declared during Q1 of 2022, which would mean the company will have built a total of 31 vessels at Hantong between 2016 and 2023: seven Newcastlemaxes and 24 Kamsarmaxes.

The latest orders are for the new Sdari-82 (2020) design, which features an improved hull form for lower fuel consumption and a better light running margin (LRM) for the propeller. At a speed of 14.0 knots, the consumption of the MAN-B&W 6S60ME-C 10.5 engine on design load draught will be 23.18 tons (basis ISO conditions and a LCV of 42,700 kj/kg).

The firm and optional vessels will deliver between July 2022 and September 2023. Some have been sold on to another owner.

Hantong is scheduled to deliver the last two 209,000 dwt Newcastlemax newbuildings by the end of 2021, Heide Oldendorff and Hauke Oldendorff, which will service a 10-year Contract of Affreightment from 2023 onwards.

So far this year, Oldendorff Carriers has acquired 16 vessels and holds seven options. Of the roughly 750 owned and chartered vessels in its fleet list, around 200 are on floating index-based period charters and around 80 on fixed rate period charters.

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