Oldendorff adds eight new cargo vessels to fleet

16 October 2016 (Last Updated October 16th, 2016 18:30)

Germany-based shipping company Oldendorff has purchased eight vessels, including three Babycapes and five Post-panamax bulk carriers, to expand its fleet.

Germany-based shipping company Oldendorff has purchased eight vessels, including three Babycapes and five Post-panamax bulk carriers, to expand its fleet.

Acquired from companies managed by Hartmann Reederei and Thomas Schulte, the vessels have joined Oldendorff’s three other Babycape vessels, which were bought last year.

Built at Sinopacific, China, the Babycape vessels are equipped with Mewis fuel saving ducts, ballast water treatment systems, as well as Korean built B&W main engines and auxiliary engines.

"Oldendorff said that all the three new Babycape vessels have completed their first special survey."

Featuring a 119,000 deadweight tonnage (tdw) capacity, the vessels have draft cargo intake of 14.5m.

Oldendorff said that all the three new Babycape vessels have completed their first special survey.

Currently, the company’s London, UK-based unit operates around 30 vessels across its global trade route.

Oldendorff bought the Nexter-95 type Oriental Angel vessel, which is a part of the newly bought Post-panamax bulk carriers, from Japanese owners.

The other four Post-panamax vessels were bought from companies managed by NSC Holding in Hamburg, Germany.  

Constructed at Taizhou Kouan Shipyard and Yangfan Shipyard in China, the four vessels are powered by Korean-built Hyundai-B&W main engines and auxiliaries.  

The vessels will be taken over in the Atlantic region over the period of the next six weeks.

Oldendorff further noted that it would take delivery of the second new-build Qingshan 63,500tdw Ultramax vessel, Imme Oldendorff, by later this month.

During the current calendar year, the company has received a total of 13 eco newbuilding vessels.

In July, Oldendorff noted that its ongoing newbuild programme at Chinese yards includes 58 ships for delivery in five years between January 2013 and January 2018.   


Image: Oldendorff buys eight new cargo vessels. Photo: courtesy of Oldendorff.