Oldendorff Takes Another Post-Panamax

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According to an article published in Splash 247, German shipping mammoth Oldendorff has added its third post-panamax bulker this year.

Vessel sold to Oldendorff

Thomas Schulte is selling its only vessel in this segment to compatriot Oldendorff. The seven-year-old, 115,000 dwt Evelyn Schulte is believed to have fetched a price of $15.5m.

The news comes three weeks after Oldendorff emerged as the taker of the two years older and slightly smaller, 93,000 dwt Ocean Ruby from Noble Group.

Increase in fleet strength

Earlier in June Oldendorff added another ship in the same segment from Seacon, paying just below $14m for the Royal Maybach. Oldendorff now has 26 post-panamaxes in its fleet.

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Source: Splash247