Oldendorff Carriers

Report on West Australia - East Asia Iron Ore Green Corridor

15th May 2023

Oldendorff Carriers has welcomed the release of a green corridor feasibility report on the West Australia – East Asia iron ore trade route, in partnership with other consortium partners including BHP, Rio Tinto, Starbulk and the Global Maritime Forum. The green corridor project focuses on the feasibility of ammonia as a low emission marine fuel option to reduce seaborne transport emissions on this major iron ore trade route.

OLDENDORFF CARRIERS announces change of leadership

21st March 2023

Effective today, the board of OLDENDORFF CARRIERS has appointed Patrick Hutchins as the new President and CEO of the company. Patrick succeeds Peter Twiss, who has decided to step down after having served the company for nearly 28 years.

Namura Capesize Newbuilding

16th February 2023

On 10^th February 2023, we celebrated the namegiving of our latest Japanese Capesize newbuilding, M/V “Gina Oldendorff”. She followed her sistership “Alice Oldendorff”, which was also delivered from Namura Shipbuilding in November. Both Capesize ships will be retrofitted with “Yara” Exhaust Gas Cleaning Systems in China.

Oldendorff Launches “Centre of Excellence"”

13th February 2023

Oldendorff Carriers recently opened a Centre Of Excellence (COE), at its new office premises in the DIFC in Dubai. The COE includes a state-of-the art video wall, providing live information on the performance of our fleet of owned and time chartered vessels. The facility is designed to harness the power of real time data, generating information for faster decision making and helping achieve cost efficiencies and lower emissions.

CII is not the answer - What do we do now?

7th December 2022

IMO's new Carbon Intensity Indicator (CII) regulations (MARPOL Annex VI, Regulation 28) will not help the environment and may in many cases actually lead to higher rather than lower emissions. We have developed and herewith share a detailed presentation on this complex topic. This overview is intended to be both informal and educational. It serves to help our staff and partners understand the likely yet unintended consequences of the regulations and the difficulties with related contractual clauses. Download Presentation

Pioneering fuel saving ducts on Bulk Carriers

21st June 2022

Last week we ordered Becker “Mewis” ducts and rudder bulbs for another 12 ships (7 Babycapes and 5 Post-panamaxes), which will be installed during first half 2023. In our existing fleet, we will therefore have WED’s installed on 45 bulk carriers. We have also started many other initiatives to reduce fuel consumption and emissions, which you can see in the other news stories. The purpose of the fuel saving devices is not only to reduce our fuel consumption but also to reduce our Greenhouse Gas emissions (GHG).

Oldendorff Carriers Joins Green Corridor Consortium

6th April 2022

Oldendorff Carriers has signed a Letter of Intent (LoI) with BHP, Rio Tinto, Star Bulk Carriers and the Global Maritime Forum, to jointly assess what is required to facilitate a viable green corridor on the Australia to East Asia, iron ore trade route. The group was brought together through their shared ambition and engagement in the Getting to Zero Coalition. The consortium partners each represent parts of the value chain and bring key perspectives into investigating commercial elements needed to decarbonise this trade route.

Biofuel trial voyage from Australia

10th January 2022

A trial voyage using biofuel for the CBH Group, the largest agricultural co-operative in Western Australia, is being performed on the Edwine Oldendorff from Australia to Vietnam. The vessel loaded 30,000 tonnes of sustainably certified malting barley from the Albany Grain Terminal in Western Australia for discharge in Vietnam using biofuel, supplied by BP. The vessel was bunkered with an advanced biofuel blend, which is expected to result in 15% emissions avoided compared to conventional fossil fuels, according to the supplier.

Agreement to Reduce Supply Chain CO₂ Emissions

4th November 2021

Teck Resources Limited ("Teck") and Oldendorff Carriers (“Oldendorff”) today announced an agreement to employ energy efficient bulk carriers for shipments of Teck steelmaking coal from the Port of Vancouver to international destinations, reducing CO₂ emissions in the steelmaking coal supply chain. This industry-leading initiative is expected to achieve a CO₂ emissions reduction of 30 - 40% for shipments handled by Oldendorff. The estimated savings can be of up to 45,000 tonnes of CO₂ per year, equivalent to removing nearly 10,000 passenger vehicles from the road.

New series of Kamsarmaxes ordered at Hantong Shipyard

29th October 2021

This summer, we signed another two batches of newbuilding contracts for a series of eco Kamsarmaxes with our friends at HANTONG Shipyard. The orders are for 5 firm vessels and 7 options. The firm and optional vessels will deliver between July 2022 and September 2023. Some of them have been resold to another owner. So far this year, OLDENDORFF CARRIERS has acquired 16 vessels and holds 7 options.

Post Panamax, largest vessel to load logs from New Zealand

22nd September 2021

A deal has been finalised that will soon see the largest vessel to ever call at New Zealand for the loading of logs. Not only will this be the biggest vessel to load logs from New Zealand, loading a gearless ship is also a first for the New Zealand log export industry. Our objective is to make the supply chain as efficient as possible while maximising port throughput, as well as minimising the environmental footprint from the transportation of logs. The first vessel to load is scheduled to be the MV Clemens Oldendorff 92,759 mt deadweight, which is due to load from Tauranga at the end of October, or early November 2021.

Fresh deals concluded with our Japanese business partners

1st June 2021

OLDENDORFF CARRIERS is pleased to report, that a few more deals were entered into in Japan, leveraging our strong ties with Japanese business partners. Our operated fleet of around 700 vessels includes 34 ships of all size classes on long period charter from Japanese ship owners, many of whom have a long term relationship with us.

First biofuel trial of an ocean-going vessel in Singapore

15th April 2021

Oldendorff Carriers (OC), together with global resources company BHP, advanced biofuels pioneer GoodFuels (GF) and with the support of the Maritime and Port Authority of Singapore (MPA), has successfully conducted the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore.

New investments for our fleet

6th April 2021

Earlier this year, OLDENDORFF CARRIERS has ordered two 61,300 Ultramax Newbuildings for delivery July 2022 and acquired two 93,000 tdw Post-panamaxes in separate transactions, in addition to the recent sale of "Lily Oldendorff" (38,000 tdw, built 2017 at Avic Weihai). These transaction and ships, that were recently taken on period charter, makes Oldendorff Carriers’s fleet under operation to exceed 700 vessels.

Wind propulsion for Dry Bulk Carriers

26th January 2021

Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for Dry Bulk Carriers. The project, scheduled for completion in 2022, breaks down significant barriers for the installation of rotor sails technology and paves the path for commercial-ready applications across the industry in the short-term.

IHM completed and fully digitised

14th December 2020

Oldendorff Carriers has completed the implementation of a certified Inventory of Hazardous Material (IHM) across the entire fleet. This development has been finalised ahead of the regulatory EU deadline. Looking beyond what it is mandated in the IHM legislation, we have implemented a fully-digitised solution for the IHM maintainance that removes the administrative workload from our crews and enhance our fleet’s efficiency to comply with IHM regulations.

First of four Hantong Newcastlemaxes named

30th November 2020

With M/V “Henry Oldendorff” named by Ms. Wei of ICBC Financial Leasing (Beijing) today, we have completed the first of four newbuildings to be delivered from Hantong Shipyard in China between now and late summer 2021. When the last vessel is delivered, we will have built a total of 19 ship at this shipbuilder since 2019, consisting of 12 Kamsarmaxes and 7 Newcastlemaxes. Other newbuildings to join our fleet are the two specialized Transloaders for deployment at the Vietnam transshipment location.

Ultramax sale takes cooperation with CDBL to 25 ships

17th November 2020

We are pleased to confirm, that we agreed a deal to sell 6 of our Ultramaxes to China Development Bank Leasing (CDBL) with floating bareboat charter back. This sale means, that we now have done 25 transactions with CDBL, with whom we enjoy an excellent cooperation.

Newbuilding programme in full swing

17th July 2020

Oldendorff Carriers has taken delivery of a total of 23 bulk carrier newbuildings since 2019. Our newbuilding programme is still in full swing and by 2021 we will - in addition to our own ships - also have taken delivery of another 16 newbuildings, which we had agreed to charter long term from other owners. Furthermore, from 2013 onwards our S&P desk has done a total 226 transactions (buying and selling) for second hand vessels, newbuildings and newbuilding resales.

Tata Power & Oldendorff Carriers sign Capesize package deal

14th June 2020

Oldendorff Carriers and Tata Power have announced a comprehensive package deal involving the acquisition of 3 Capesize bulk carriers at an en bloc price of US$ 212,7 M. The agreement includes the long term contracts of affreightment for the transportation of cargo to India.

Our business continues fully operational

20th March 2020

Our email addresses remain the best way to contact us. All employees mobile contact details can be found in the Finder on our website. We continue to be fully functional and available.

Successful salvage operation

28th January 2020

In August 2019, Oldendorff Carriers received the petition of supporting the MV Hispania Graeca to salvage its cargo of 61,800 MT of Soya Beans. This has been another successful salvage operation carried out by Oldendorff, which demonstrates how our “one-stop shipping” service is ready to cater almost immediately any bulk transportation requirement

Four Namegivings planned for Japan

14th January 2020

Four newbuildings out of five, which are currently under construction at Oshima in Japan, will be christened within just two hours in March 2020. At the same time we will celebrate decades of close cooperation with Japanese shipyards, namely Oshima, well-known for its super-eco bulk carrier designs.

Members of the Getting to Zero Coalition

9th December 2019

Oldendorff Carriers is pleased to announce its membership in the Getting to Zero Coalition. The Coalition is an alliance of more than 100 likeminded companies and organisations within the maritime sphere, supported by key governments and IGOs. All members of the Coalition are committed to achieving the vision of decarbonizing in shipping and meeting the IMO targets.

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