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Fleet of Babycapes is growing

We have recently increased the number of owned bulk carriers in our Babycape segment by acquiring four more eco 119,000 tonners from compatriot shipowner Hartmann Reederei:

MV “UBC Ottawa”   (tbrn: “Roland Oldendorff”)

MV “UBC Odessa”  (tbrn: “Rex Oldendorff”)

MV “UBC Olimbus”  (tbrn: “Redmer Oldendorff”)

MV “UBC Oristano” (tbrn: “Rik Oldendorff”) 

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IBJ Bulk Ship Operator of the Year award

We are pleased to report, that the International Bulk Journal (IBJ) has selected Oldendorff Carriers to be awarded "BULK SHIP OPERATOR OF THE YEAR". The IBJ awards are a “A Salute to Excellence in the Maritime Bulk Industry.” “This prestigious award is presented to an operator of dry bulk vessels of any size, either as an owner or charterer who can demonstrate recent advances in safety, efficiency and environment protection. The award celebrates the contribution made to world trade by the ship operator.” 

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Transhipment in Vietnam commences operations

On November 12, 2017 the Babycape “Richard Oldendorff” (118,532 tdw built 2011) arrived at the Go Gia buoys in South Vietnam with the largest ever bulk cargo to be discharged in Vietnam. The vessel berthed at the transhipment platform “Lena” with a cargo of about 115,000 mt, to unload a part cargo of 74,634 mt of coal into lighters for South Vietnam customers with restricted draft ports. After lightering in South Vietnam the “Richard Oldendorff” will proceed to Campha port in North Vietnam to discharge the remaining 40,000 mt of coal on-board.

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Winning a regatta with “Almost Nothing”

On Saturday August 26th, Oldendorff Carriers Panamax team participated in the 35th Schiffahrtsregatta. The Schiffahrtsregatta is organized each year by Peter Gast Shipping GmbH and it is by far the largest regatta organized exclusively for the shipping community. This year 120 sailboats participated in the race with over 1,200 sailors. The race starts near Schleimunde, Germany and normally runs about 35 nautical miles across the Baltic Sea to Aroskobing, Denmark. This year because of light wind, the course was shortened to about 12 nautical miles.

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Reviving a contract for two eco 36,000 tdw Newbuildings

Last month saw the resurrection of two newbuilding contracts, which we had concluded originally in June 2012 with Weihai-based SAMJIN Shipbuilding Ind. Co Ltd (SSI), at the time controlled by Korean shareholders. The initial order was for four 36,000 tdw Handysize newbuildings of the Korean designed FESDEC-36k eco type.

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Introducing a Coal Transshipment Hub in South-Vietnam

An alliance of three partners – Welhunt, Oldendorff Carriers and Haivan - will position a Floating Transfer Platform (FTP) in South Vietnam capable of discharging and loading all bulk carriers up to and including Newcastlemax (210,000 tdw) at a discharge rate of up to 25,000 metric tonnes per day. This platform will be the first and only multi-user facility in Vietnam and is specifically designed to be able to handle growing coal imports.

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Oldendorff appoints Verifavia for EU MRV Verification

Oldendorff Carriers has appointed Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), to verify its fleet of vessels in line with the European Union’s new environmental Monitoring, Reporting, and Verification (EU MRV) regulation. Verifavia will ensure that all Oldendorff vessels are in compliance with the new requirements mandated by the EU MRV regulation coming into force in August 2017. 

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Transshipment equipment on the move

In order to best serve our customers and adapt to their requirements we sometimes have to relocate our project equipment. The transshipment platform “Lena” was towed from Guyana to Trinidad where it was loaded on the semi submersible vessel “Trustee”, and transported to Batam, Indonesia. Also transported to Indonesia were the tug “Kiev” and the crew boat “Christine”. 

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Oldendorff Carriers Drives Digital Revolution with BMT

Oldendorff Carriers and BMT SMART (BMT), a subsidiary of BMT Group, announce a new agreement which has led to the roll out of fleet performance management technology onboard Oldendorff vessels.  Based on BMT’s unique on board data collection system and bespoke shore based management solution SMARTFLEET, this collaboration is centred upon driving down the carbon footprint of each vessel and improving the overall efficiency of the fleet.

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Conversion of the Tete Oldendorff to a Transloader

In February 2017 our “Tete Oldendorff” (88,266 tdw, built at Imabari in 2006) entered Chengxi Shipyard in China to be converted to a transloader. Chengxi Shipyard is located in Jiangyin City on the lower reaches of the Yangtze River, and is one of the largest shiprepair and newbuilding enterprises under CSSC. During the conversion period the “Tete Oldendorff” will be renamed “Anna Oldendorff”. The conversion is expected to be completed in the summer of 2017.

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Copenhagen office to open by June 2017

Executive & Board Director Jens Jacobsen will head the new Copenhagen office with an initial team of 8-10 people. The new Oldendorff office will be located in the maritime cluster in Hellerup just north of Copenhagen.The office is expected to grow to include a full range of support services but will initially have chartering, operations, marine accounting and vetting.

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180,000 tdw Capesize resale joins our fleet

We have acquired a 180,000 tdw Capesize newbuilding resale from Jinhai Heavy Industry Co Ltd.  The vessel was launched last summer and is expected to deliver to us in March or April 2017 as MV “William Oldendorff”. Recently, we have focussed on Newcastlemax size vessels, so this is the first regular 180,000 tdw Capesize owned in our fleet since we resold 2 x 180,000 tdw resales ex-Beihai Shipyard in 2014/15.

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Mercy Ships’ Cargo Day

Tradewinds promoted “Cargo Day” to the shipping community who rallied behind the idea and donated generously to the very worthwhile charity on 19 October. The Africa Mercy brings volunteer medical teams and sterile operating rooms directly to people who would otherwise go without care. It’s the world’s largest civilian hospital ship providing state-of-the-art care to those in desperate need—free of charge. Oldendorff also supports Mercy Ships: www.mercyships.ch

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Fleet expansion continues with 8 acquisitions

We are pleased to report the acquisition of 3 Babycapes and 5 Post-panamax bulk carriers to supplement our owned fleet. We like to have some owned vessels in every segment in which we operate to ensure we can provide our customers with the most reliable and flexible service. This means that over the last 12 months, we have purchased 17 second hand and resale bulk carriers for delivery between early 2016 and early 2017 at historically attractive prices.

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Oldendorff navigates Northern Sea Route

Two of our ice class 1C Kamsarmax vessels (M/V Georg & Gretke Oldendorff, 81,500 tdw with side mounted cranes) recently completed incident free voyages on the Northern Sea Route (NSR) above Russia. Both vessels loaded coal and departed Vancouver in August 2016 about 10 days apart, and proceeded through the Bering Strait and Bering Sea. Upon reaching the icy Laptev Sea they were required to follow a Russian nuclear ice breaker however heavy fog was more of an issue for safe navigation than ice. Fog caused a few days of delay but almost no ice was encountered on the voyages. 

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Our Transloaders: Salvaging the Situation

In 2016, Oldendorff Transloaders have performed 4 major ship-to-ship cargo salvage operations. Having Transloaders fitted with side-mounted cranes which are capable of unloading upto capesize bulk carriers, has provided some unusual business opportunities. Oldendorff is not a salvage company but our Transloaders have been called upon by salvage companies and charterers to assist in ship-to-ship transfer of cargo. 

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Oldendorff Carriers concludes its third US Private Placement

In August 2016, we successfully completed our third US private placement bond issue. This additional US$ 60 million tranche, takes the total to US$ 220 million. Oldendorff Carriers secured additional long term financing to support the company’s investment program, and to take advantage of the current attractive interest rate environment.

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EOL in UAE renamed Oldendorff Carriers Transshipment L.L.C.

Oldendorff Carriers Transshipment Limited LLC is an Oldendorff company based in Abu Dhabi, U.A.E. The principal business of the company is unloading and lightering iron ore offshore in deep water and delivering it to steel mills in the Arabian Gulf. Oldendorff Carriers Transshipment Limited LLC currently operates in the United Arab Emirates, Bahrain, Saudi Arabia and Qatar. In May of this year, Oldendorff sold Eships to Tristar in Dubai, exiting the tanker business.

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Chinese Shipyards: 78 Ships Built at 20 Shipyards in 30 years

Our long and strong relationship with Chinese shipyards began exactly 30 years ago, when we bought two 28,000 tdw lakes-fitted bulk carriers as newbuilding resales from Dalian Shipyard. The initial deal was done through CSSC / CSTC at US$ 4.5 mio each, after the original buyer, Wheelock Marden, Hong Kong had defaulted on the building contract. Since then, we have ordered or acquired as resales a total of 78 newbuildings at 20 different Chinese yards, as can be seen in the below table.

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Six more vessels purchased for our core fleet

OLDENDORFF CARRIERS continues to expand its core fleet by buying six modern bulk carriers. Three “Baby Capes” were acquired to supplement our chartered fleet of around 25 small Capesize bulk carriers of 110,000 – 120,000 tdw. We also purchased a 58,000 tdw newbuilding as a resale from Samjin Shipbuilding for delivery ex-yard in January / February 2017. Finally, we purchased two 33,300 tdw Open Hatch / Box Shaped vessels ideally suited for our unitized and bulk parcel trades.

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Tristar acquires ESHIPS in USD 90 million deal

Dubai, UAE; March 7, 2016: UAE-based logistics group Tristar has agreed to acquire 100 percent ownership of Abu Dhabi-based Emirates Ship Investment Company also known as ESHIPS from Egon Oldendorff GmbH & Co. KG, a company of the Oldendorff Group for USD 90 million.

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​Introducing our new Dubai Hub​

We identified Dubai and the Middle East region as a strategic focal point from where to expand our operations in the region, which encompasses India and East Africa.

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Charming Sponsors wishing “Many Happy Returns”

Ceremonial ship naming is traditionally done by a woman during the process of transferring a vessel to the water. Do you think that is why we refer to a vessel as “she”? It is a naval tradition in many cultures, dating back thousands of years. It has been observed as a public celebration and a solemn blessing. Ship launching involves many superstitions intended to invite good luck, such as christening by breaking a sacrificial bottle of champagne over the bow as the ship is named aloud and sometimes launched.

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Serving the Wind Energy Industry

Oldendorff Carriers first carried windmill components in 2002. Since then, we have carried over 7,500 windmill towers as well as other wind energy components such as blades. It fits well that our eco vessels are transporting components for the clean energy industry. 

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