North Pacific Green Corridor Consortium forms new Corridor

16th April 2024

The NPGCC brings together diverse sections of the value chain including bulk commodity producers, railway and intermodal transportation providers, marine vessel owners and operators, port facilities and port authorities, and clean technology providers. The nine founding members are Canadian National Railway Company (CN), Mitsubishi Canada Ltd., Mitsubishi Heavy Industries, NYK Bulk & Projects Carriers, Oldendorff Carriers, Prince Rupert Port Authority, Teck Resources Limited (Teck), Trigon Pacific Terminals, and Vancouver Fraser Port Authority. The NPGCC is open to additional members and partners, in particular end-use customers, to contribute to the development and implementation of the green trade corridor.

Teck and Oldendorff to install Flettner Rotors

7th December 2023

Teck and Oldendorff Carriers announce agreement to outfit bulk carrier with Flettner Rotor sails to reduce emissions.

Teck Resources Limited (“Teck”) and Oldendorff Carriers GmbH & Co. KG (“Oldendorff”) today announced an agreement to install a leading wind propulsion solution in their latest step to reduce emissions in Teck’s supply chain. The joint investment will have the Dietrich Oldendorff fitted with a Flettner Rotor system by mid-2024.

Newcastlemax biofuel trial

30th November 2023

VALE performs first biofuel voyage for its iron ore shipping

The vessel Hinrich Oldendorff will be fuelled by a blend of cooking oil and fuel oil. Vale, working in partnership with Oldendorff Carriers, have just commenced their first biofuel voyage on a bulk vessel. The trial is taking place on an Oldendorff vessel performing a laden Vale voyage from Brazil to Asia, carrying a full cargo of iron ore.

Stability and Degradation of Biofuel

7th November 2023

In 2019, Oldendorff Carriers signed a research agreement with the Massachusetts Institute of Technology’s (MIT) Center for Bits and Atoms (CBA). The purpose of the research agreement was to investigate disruptive improvements in ship design, propulsion, and alternative energy sources to help achieve the enhanced decarbonization targets to 2050. As part of their agreement, Oldendorff Carriers asked MIT to conduct a study on the long-term stability and degradation of a B20 advanced biofuel blend. Oldendorff would like to share the results of the study with the shipping community to help progress the path toward decarbonization.

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.

Oldendorff signs agreement with MIT on ship design

19th November 2019

In our quest to make our vessels more green and economical, Oldendorff Carriers has signed a research agreement with the Massachusetts Institute of Technology’s (MIT) Center for Bits and Atoms (CBA). Oldendorff, together with CBA and its campus collaborators including MIT's Sea Grant Program, will investigate disruptive improvements in ship design and propulsion to achieve the IMO 2030/50 requirements.

Oldendorff Carriers delivers cargo to BCPCL in Bangladesh

1st November 2019

Oldendorff carriers signed a Contract of Affreightment with ‘BCPCL’. Oldendorff will provide a full transportation solution to BCPCL, which includes cargo transportation from Indonesia or Australia with transshipment in Andaman & Nicobar to Payra, Bangladesh. The cargo transshipment will allow BCPCL to take advantage of lower freight costs using larger vessels to Andaman & Nicobar, and smaller vessels will deliver the cargo to BCPCL, due to draft restrictions at Payra port. The expected quantity of cargo to be shipped will be between 3.8 – 4.5 million mts per year, for a period of 5 years.

Lydia Oldendorff sets record at Puerto Bolivar and Antwerp

28th October 2019

The Lydia Oldendorff (207,562 tdw built 2015) has set a record as the largest vessel to load coal at Puerto Bolivar, Colombia. The Newcastlemax vessel has a length of 300 metres and a breadth of 50 metres and was loaded on a trial cargo draft of 17.5 metres. The cargo loaded is destined for Flushing, Netherlands, where it will again be the largest vessel to enter the port.

Wide Range of asset deals with yards and leases in China

3rd June 2019

During the last 12 months, Oldendorff Carriers have been able to complete a total of 23 deals with 3 Chinese leasing companies. None of these deals involve lease finance. The charters we provided are market related and mostly on a floating index rate basis. The 10 Capes and Kamsarmaxes will all be equipped with scrubbers, eight of them with open loop scrubbers and two of them with hybrid scrubbers.

Improving the environment with LED

27th May 2019

Oldendorff Carriers has started to equip our entire fleet of bulk carriers with efficient and environmentally friendly LED lights. Over the last year, we have done a series of trials to analyse the performance of different LED manufacturer’s lights, including intensities and colors.

Oldendorff Carriers implements Ship Recycling Regulations

18th February 2019

Oldendorff Carriers has entered into an agreement with GSR Services and Korean Register (KR) for the development and certification of Inventory of Hazardous Materials (IHM) for their fleet for meeting tight EU - deadlines.

Eco Newbuildings delivering simultaneously

4th February 2019

In our continuous effort to upgrade our fleet, 2019 started with the delivery of five new eco-ships delivered to Oldendorff Carriers, four of which were delivered on the same day. We are always trying to reduce our environmental impact and these new (fuel-efficient) vessels will reduce fuel consumption for transporting cargo and consequently reduce our carbon footprint.

Self-Unloaders in CSL Pool sold to Algoma

18th January 2019

Oldendorff has sold the three remaining self-unloaders still operating in the CSL Pool: Sophie Oldendorff (70,037 tdw built 2000), Harmen Oldendorff (66,188 tdw built 2005) & Alice Oldendorff (50,259 tdw built 2000) for US$100.5 million to Algoma Central Corporation who is the third partner in the CSL Pool. The vessels are expected to deliver to Algoma around the middle of 2019. All three vessels have been trading in the CSL Pool on the East Coast of North and South America since they were built.

The tale of two Handies “Midland Trader” & “Hansa Baltica”

31st October 2018

These two eco Handies have an interesting story: We originally ordered them in June 2012 at the then Korean controlled yard. in 2015, the Korean mother company got into trouble. The yard was later rescued by the diversified Shanghai Zhouji Group, which employs 42,000 people worldwide. In July 2017, we bought the ships once again from the new entity as resales.

Oldendorff Carriers chooses Datum Electronics

27th September 2018

UK based Datum Electronics has been awarded a contract from Oldendorff Carriers, to supply our owned fleet with Datum Shaft Power Meter systems, to seamlessly integrate with various existing ship performance monitoring systems. As a part of our eco fleet strategy, over 90% of the Oldendorff owned fleet is now comprised of environmentally friendly vessels. Oldendorff is implementing fleet and ship performance monitoring systems, which are aimed at reducing our carbon footprint, while improving the technical and operational efficiency of our ships.

Oldendorff London has fantastic result in Oscar Dragon Boat

20th September 2018

The Oldendorff Carriers London office is still recovering from the wonderful OSCAR dragon boat race last Friday. Oldendorff London were the biggest fundraisers for the event, raising a total of £11,367, the funds were raised by the very generous contributions of clients and colleagues. Our team came second in the dragon boat final, missing the top position by a nose, just three tenths of a second. Of course, we had a few young, strong recruits from our Hamburg office to beef up our team, and Oscar.

Oldendorff Carriers signs up for ICT-solution with Sea IT on

3rd September 2018

Oldendorff Carriers and Sea IT announce a new strategic ICT agreement. The agreement covers the installation and management of a customised internet package for crew aboard all Oldendorff owned vessels. Sea IT will manage and carry the responsibility for the whole project, which includes ICT-installations on 80 vessels followed by a 3-year service contract.

New Transhipment Project in Vietnam Signed

27th August 2018

Following our successful transhipment project at the Go Gia buoys in South Vietnam, which commenced last year, Oldendorff Carriers has recently signed an integrated Cargo Transport and Transhipment Agreement for a new Power Station Project to be built in the North of Vietnam at Nghi Son. The customer is a consortium between Marubeni Corp of Japan and Korea Electric Power Corporation (Kepco) named Nghi Son 2 Power Limited Liability Company (NS2PC).

Remaining Orderbook grows to 21 Eco Bulk Carriers

25th June 2018

The recent declaration of two Kamsarmax newbuilding options has increased our orderbook: Between end 2018 and mid-2020, OLDENDORFF CARRIERS will receive another 21 “eco” bulk carrier newbuildings from yards in Japan and China, which were mostly ordered between 2015 and 2017 at historically attractive prices.

Oldendorff Carriers Partners with Erma First for BWTS

31st May 2018

Oldendorff Carriers' owned vessels will comply with the new IMO and US Coast Guard ballast water requirements. After a review of the different Ballast Water Treatment Systems (BWTS), Oldendorff Carriers has decided to partner with ERMA FIRST. Oldendorff Carriers made a review of the approved BWTS including visiting some manufacturing facilities. The review included; regulation compliance, capital cost, energy requirements, anticipated operating costs, space requirements, simplicity to manage and availability.

Oldendorff Carriers Joins Sustainable Shipping Initiative

30th May 2018

Oldendorff Carriers joins high profile leadership group working to create a more sustainable maritime industry. Oldendorff joins other SSI members, including ABN-Amro, AkzoNobel, Bunge, China Navigation, IMC Shipping, Lloyd’s Register, Louis Dreyfus, Maersk, Priya Blue, Rightship and Wartsila, who are working together with NGOs Forum for the Future and WWF to help create a more environmentally sustainable maritime industry by 2040.

Interorient Babies join our fleet

24th April 2018

We are expanding our fleet of Babycapes further by buying four 115,000 tdw bulk carriers from companies controlled by Interorient Navigation Co Ltd, Cyprus and taking two sister vessels on period charter from them.

A story about us in Tradewinds

16th February 2018

The following article about Oldendorff Carriers appeared in Tradewinds weekly newspaper published 16.2.18 written by Geoff Garfield.

Trial Transhipment in the Andaman Islands

5th February 2018

Our geared panamax Trina Oldendorff (75,053 tdw built 2013) loaded 73,086 mt of coking coal from Gladstone, Australia and sailed to the Andaman Islands. Off Port Meadow, she successfully transhipped 25,000 mt of coal into the M/V Spar Rigel (58,000 tdw built 2010) for transport to the Indian port of Haldia, where there is a maximum draft restriction of about 7.5 metres. The Trina Oldendorff proceeded to discharge part of the remaining cargo in India.

Fleet of Babycapes is growing

8th December 2017

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”)

IBJ Bulk Ship Operator of the Year award

22nd November 2017

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.”

Transhipment in Vietnam commences operations

16th November 2017

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.

Winning a regatta with “Almost Nothing”

7th September 2017

On Saturday August 26^th, Oldendorff Carriers Panamax team participated in the 35^th 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.

Reviving a contract for two eco 36,000 tdw Newbuildings

4th September 2017

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.

Introducing a Coal Transshipment Hub in South-Vietnam

29th June 2017

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.

Oldendorff appoints Verifavia for EU MRV Verification

17th May 2017

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.

Transshipment equipment on the move

5th April 2017

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”.

Oldendorff Carriers Drives Digital Revolution with BMT

31st March 2017

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 SMART^FLEET, this collaboration is centred upon driving down the carbon footprint of each vessel and improving the overall efficiency of the fleet.

Conversion of the Tete Oldendorff to a Transloader

22nd March 2017

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.

Copenhagen office to open by June 2017

30th January 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.

180,000 tdw Capesize resale joins our fleet

13th January 2017

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.

Mercy Ships’ Cargo Day

3rd November 2016

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

Fleet expansion continues with 8 acquisitions

14th October 2016

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.

Oldendorff navigates Northern Sea Route

20th September 2016

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.

Our Transloaders: Salvaging the Situation

12th September 2016

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.

Oldendorff Carriers concludes its third US Private Placement

6th September 2016

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.

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

22nd July 2016

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.

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

19th July 2016

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.

Six more vessels purchased for our core fleet

21st June 2016

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.

Tristar acquires ESHIPS in USD 90 million deal

11th May 2016

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.

​Introducing our new Dubai Hub​

11th May 2016

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.

Charming Sponsors wishing “Many Happy Returns”

11th May 2016

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.

Serving the Wind Energy Industry

2nd April 2016

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. 

Super-eco Ultramax Newbuilding from Oshima

1st April 2016

Recently, we were able to sign our first newbuilding contract with the prestigious Japanese bulker specialist Oshima Shipbuilding.  The new super-eco Ultramax will be delivered in 2020 under the name of “Beate Oldendorff”.  Oshima’s latest super-eco 62,100 tdw design includes many fuel saving features.   

Newbuilding Program Trimmed

1st March 2016

As a prudent shipowner in a low bulk shipping market, we have reduced our newbuilding orderbook when we had the opportunity to do so. In those periods, where our cargo commitments exceed the capacity of the available core fleet, we will be able to cover the requirements with tonnage chartered in on a short term basis. 

One Newcastlemax Eco Design from 3 Different Shipyards

1st January 2016

At the beginning of the Newcastlemax newbuilding project in October 2013, Oldendorff proposed to the builders that we would like to develop the design of the  vessel  together with their designers. Three top Chinese shipyards; Jiangsu Yangzijiang (4), Taizhou CATIC (7) and Hantong (3) agreed to our proposal. It is unusual for three different shipyards to agree to build a new design developed with the Owner. Our target was to develop the most economical Newcastlemax in the market.

BIMCO Shipping Company of the Year

19th November 2015

We are happy to report, that BIMCO has awarded the prize "SHIPPING COMPANY OF THE YEAR" to Oldendorff Carriers.  Wang Chengyu of CCS (China Classification Society) handed the award to Henning Oldendorff during BIMCO's Awards Dinner in Hamburg on 18th November 2015. 

Financing program completed

16th April 2015

Last year, we successfully completed the financing program earmarked for our newbuildings. In diversifying our sources of funding, we entered the US Private Placement ("USPP") market and secured tenors of up to 30 years in our second bond issuance, which was recently awarded the Private Placement "Deal of the Year" by Marine Money. The favourable placement is testimony to OLDENDORFF CARRIERS strong balance sheet and the bond issuance provides an excellent new platform of finance for the company.

Transloader newbuilding arrives in Abu Dhabi

28th March 2015

She was delivered from New Yangzijiang Shipyard on 16th March 2015. The vessel is an eco type 94,000 tdw post-panamax selfunloading bulk carrier with 3 x 52 tons SWL side-mounted heavy duty MacGregor cranes with 45 m outreach, deck mounted belt system and hoppers for a transloading throughput of 3,500 t/h, 2 boom conveyers, dust collection system, bow and stern thrusters and accommodation for 40 persons.
 
After her arrival, she was double banking with the “E.Oldendorff” off Abu Dhabi for commissioning purposes. She will be joined by its sister vessel MV “Antonie Oldendorff”, which is scheduled for delivery ex New Yangzijiang Shipyard in May 2015. Both ships will be engaged in long term transshipment contracts with various clients in the Arabian Gulf, primarily involving lightering of Capesize bulkers.

WOC Membership

9th January 2015

Oldendorff is proud to announce becoming a member of the World Ocean Council (WOC) since July 2014.

Japanese Ultramaxes christened

23rd November 2014

A double namegiving took place at JMU's Kure site on 14th November 2014: Our two 60,500 tdw ECO Ultras MV "August Oldendorff" and MV "Alwine Oldendorff" were christened by Mrs. Rika Suzuki (wife of Asia Minerals head Hiro Suzuki) and Ms. Juleng Koh (member of the research team in our Singapore office). JMU currently offers the lowest consumption Ultramax design.

Article in Drycargo International

30th October 2014

Most people within dry cargo circles would probably know Oldendorff Carriers. The German private company has been in existence since 1921 and today owns and operates more than 500 ships. It is considered to be one of the largest dry cargo carriers and has 19 offices around the world.

Our first Hyundai Newcastlemaxes

17th October 2014

For the first time in our history, we have taken delivery of an owned Capesize newbuilding. "Linda Oldendorff" and "Lavinia Oldendorff" of about 207,600 tdw, were both delivered on their contractual date of 30th September 2014 ex Hyundai Heavy's new Gunsan yard.

20 Years On: Another “Linda Oldendorff”

18th September 2014

We took delivery of our first fully owned Newcastlemax newbuilding from Hyundai Heavy Industries, Korea on the contractual delivery date of 30th September 2014. The vessel was named “Linda Oldendorff” by her namesake, Miss Linda Oldendorff, one of our chairman’s daughters, on 18th September 2014. 

First B-Delta Newbuilding delivered

7th September 2014

On 26th August 2014, we took delivery of the first of nine "B-Delta" 38,700 tdw OHBS bulker newbuildings MV "Eckert Oldendorff" ex-Jinling, China, 5 days ahead of its contractual delivery date. The christening Ceremony was held together with our first 2 geared Kamsarmax newbuildings "Gerdt & Getke Oldendorff". The ceremonies were held at Jinling's new site at Yizheng.

Double Happiness at NACKS

26th May 2014

It was a warm but windy day in Nantong, when two charming sponsors performed a double namegiving ceremony for our first two NACKS Ultramax 61,000 tdw newbuildings.

Becoming more common: Index-based floating charters

3rd April 2014

Charter contracts with an index-based floating rate are becoming more commonplace and are an interesting alternative to pool employment. The owner earns a full market rate without the administrational hassle of pool accounts, pool meetings and risk profiles. 

Floating charters offer continuous employment at index and hire is payable every day even if the vessel is waiting or ballasting. It lets the owner benefit from a market upturn instantly. A growing share of our operated fleet of around 500 bulk carriers is run on floating charter.

New Hamburg office opens in Nov-14

29th March 2014

OLDENDORFFF CARRIERS opens a new satellite office in Hamburg in November 2014 as its 19th office.

Pride of Marampa deployed in Sierra Leone

26th January 2014

Our floating crane Pride of Marampa is loading ocean-going vessels with iron ore from barges in Sierra Leone since 2012. The unit is on bareboat charter to London Mining, who are exporting iron ore to various countries from the West-African country.

Resale of 2 x 208,000 tdw Hyundai Newbuildings

23rd January 2014

In March, HYUNDAI Heavy Industries Co. Ltd. and nominees of OLDENDORFF CARRIERS GmbH & Co. KG signed newbuilding contracts for four (4) super-eco Newcastlemax bulkcarriers of abt 208,000 tdw and two (2) options, which will be constructed at HHI's state-of-the-art Gunsan shipyard. The option for a 5th ship has now been declared and the 6th ship is likely to be confirmed by the end of September.

OC orders Transshipper

20th June 2013

On behalf of Eships Oldendorff Logistics LLC, our joint venture with Eships in Abu Dhabi, have we successfully concluded a newbuilding contract with Jiangsu New Yangzi Shipyard in China. The contract includes the building of a 94,000 deadweight hybrid transshipment vessel. The new hybrid vessel will predominantly be employed in activities such as lightering and transshipment of iron ore at various ports located within the Arabian gulf. The transshipper will be equipped with 3 side mounted MacGregor cranes and an EMS-Tech self-unloading belt system, comprising of 5 deck hoppers, a unique conveyor belt system as well as a shuttle boom with a length of 60-80 meters for discharging and another fixed boom with a length of 23.5 meters. The ship and its discharging system is specifically designed for the different unloading facilities in the Arabian Gulf and we expect her to render an excellent service to our customers. Further, the vessel will be built based on a new economic design and equipped with several fuel saving devices.

Newbuildings at HHI

7th May 2013

We are pleased to disclose that we have ordered four 208,000 deadweight eco newcastlemax bulkers at Hyundai Heavy Industries (HHI) in Korea, which is the first cape size order in the company history. The ships will join our fleet as from end 2014 onwards and will be equipped with modern fuel saving devices, improved hull lines, low friction paint and trim optimizer.

Newbuildings at JMU

16th April 2013

We are pleased to announce our first newbuilding order in Japan in over 10 years. The order consist of two 61,500 deadweight eco ultramax bulkers at Japan Marine United. The vessels will be constructed under the supervision of Nippon Kaiji Kyokai and are scheduled for delivery second half 2014. In addition to the excellent hull lines and Wärtsilä-Sulzer engine the units will be equipped with modern fuel saving devices making them very economical. The specifications will also include extra tank top strength of 22.4-26 mts per m², A-60 bulk head, CO2 fitting and smoke detection in holds.

OC orders newbuildings at NACKS

18th February 2013

Shortly before Christmas 2012 OLDENDORFF CARRIERS concluded a newbuilding contract with Nantong COSCO KHI Ship Engineering Co., Ltd. for 2 x 61,200 deadweight eco ultramax bulk carriers. The vessels will feature fuel saving devices such as semi-duct system with contra fins and a projected speed and consumption of 13 knots on 22.7 metric tons IFO on full draft. Further will both vessels be fitted with 35 metric tons cranes, A60 bulkhead, grain/cement holes and the ability to load steel coils up to full deadweight. Delivery is scheduled for mid 2014.

OC orders newbuildings at Jinling

17th February 2013

OLDENDORFF CARRIERS can disclose that the company has concluded a newbuilding contract with CSC Jinling Shipyard Co., Ltd. in Nanjing, Jiangsu province for 3 option 3 option 3 Bdelta 39,000 deadweight eco handysize bulk carriers and 2 option 2 option 2 Sdari 82,000 deadweight eco kamsarmax bulk carriers. The contract was concluded in September 2012 with expected delivery of the firm units mid/end 2014.

MV Trina Oldendorff

6th February 2013

On the 31st of January 2013 OLDENDORFF CARRIERS took delivery of the 75,200 deadweight panamax newbuilding 'Trina Oldendorff' at Penglai Shipyard, China, after she was successfully purchased from very close Greek friends. The modern panamax vessel is equipped with fuel saving devices and will be employed in a long term time charter contract.

MV Theodor Oldendorff

7th December 2012

In November 2012 OLDENDORFF CARRIERS successfully concluded it's last second hand deal of the year by buying the 'Theodor Oldendorff' (ex Nord Mercury ) a 77,171 dwt panamax built July 2008 at Oshima shipyard in Japan.

The vessel, previously owned/controlled by Mitsubishi Ore Transport, has joined the Oldendorff fleet in February 2013 in China and is employed on a long term time charter contract.

OC meets Guyana President

15th February 2012

President Donald Ramotar was victorious in the 2011 Presidential Election in Guyana after receiving 48.6 % and becoming the successor of President Bharrat Jagdeo after his 12 years in office. Oldendorff Carriers Guyana Inc. (OCGI) arranged a courtesy visit with the President on February 1st 2012 to congratulate the Head of State on his newly appointed position and introduce Oldendorff while providing a brief over view of Oldendorff's Guyanese operation.

Our call to support OSCAR charity for children

30th January 2012

OLDENDORFF CARRIERS is supporting the OSCAR (Ocean and Shipping Community Advancing Children's Health and Research) campaign, which is an innovative fundraising partnership uniting the International Shipping Community under a philanthropic banner to raise significant funds towards areas of urgent need at Great Ormond Street Hospital and its research partner, the UCL Institute of Child Health. We kindly ask our business partners to consider supporting this charity for children as well. 

Coal top-off by reloader

19th October 2011

One of our gravity type selfunloaders, MV Bernhard Oldendorff has recently completed a top-off operation, which enables US coal exporters to use bigger ships when selling coal to Asian clients. Our vessel is in the CSL selfunloader pool, which has concluded a contract with Xcoal Energy & Resources to tranship coal. Capesize bulk carriers are partially laden with some 130,000 tons in the port of Baltimore, but because of the general draft limitations prevailing in US East Coast ports, the big ships are being topped off with more cargo off the coast of Nova Scotia, which enables them to carry a full cargo of of normally 170 - 200,000 tons of coking coal to Asia. 

92 ships sold in five boom years

12th May 2010

During the 5 years of booming markets from August 2003 until August 2008, Oldendorff Carriers sold 92 ships at prices totalling abt US$ 1.9 billion, as listed in the table below. This includes 10 ships where BB-charterers executed their purchase options, so we sold these ships to them in 2007 and 2008. The 92 ships consist of 11 Panamaxes, 12 Supramaxes, 43 Handies, 23 MPP's and 3 Ro/Ro's. During the same period, we acquired 26 ships from the market plus 16 ships by excercising low-priced purchase options while another 2 Panamaxes were converted to conveyor belt selfunloaders, which means the size of our own fleet effectively shrank net by 48 units during the past few years, whereas we have increased the number of vessels on trip and short period charter.

Windmill transportation

1st September 2009

Since 2002, we have carried about 2,000 windmill towers including blades on our OHBS vessels. This has been a challenging business operationally and commercially in terms of handling the cargo safely and meeting the standards of our industrial customers.

Flensburger sold to investors

6th December 2008

Our shipbuilding subsidiary FLENSBURGER Schiffbau-Gesellschaft mbH + Co KG has been sold to investors in a Management-Buy-Out (MBO). Please find below the respective English and German language press announcements.

Twenty newbuildings from our special friends in Japan

8th March 2008

Until last year, over a period of 15 years, we have received a total of 20 newbuildings from our friends at Saiki Heavy Industries Co Ltd., a subsidiary of Onomichi Dockyard, Japan. 

Our Radisson Blu Senator Hotel obtains its 5th star

19th November 2007

We are happy to report that our 450-bed Radisson Blu Senator Hotel has been awarded the 5-star classification from 2008 onwards. The hotel was built in 1992 and acquired by us in 2000. Last year, all rooms and suites as well as the heated pool were redesigned and refurbished.