Lübeck headquarters 1925 (photo credit: Oldendorff Carriers)

Lübeck-based Oldendorff Carriers, a dry bulk ship owner and operator, with roots from 1921 when the company started as a small German shipowner, celebrated the namegiving of its latest Japanese Capesize newbuilding, “Gina Oldendorff” on 10th February 2023.

She followed her sistership “Alice Oldendorff”, which was also delivered from Namura Shipbuilding in November.

Both Capesize ships, with size of 182,000 tdw, ordered in 2021, will be retrofitted with “Yara” Exhaust Gas Cleaning Systems in China, and have a very low fuel consumption, as the shipowner claims.

In the previous year, in October, the company received the first of twelve 82,200 tdw Kamsarmax newbuildings from Hantong Shipyard in Nantong, China, which were also ordered in 2021.

Furthermore the shipowner resold 6 of the 12 Kamsarmax ships to another shipowner.

“This improved “Sdari-82k-2020” design consumes only 22 tons of fuel per day, based on a ballast speed of 14 knots and a laden speed of 12 knots,” as Oldendorff says.

The German shipowner has decided to sell some of its second hand ships, in the previous year and early 2023. As it is mentioned 13 second hand ships have been sold by the dry bulk ship owner.