Dry CargoEurope

Alpha Bulkers acquires Oldendorff capesize

Angelicoussis family-backed Alpha Bulkers has acquired the 2011-built 180,600 dwt capesize bulker Tilda Oldendorff from German owner Oldendorff Carriers.

Both Allied Shipbroking and VesselsValue reported that Alpha Bulkers bought the South Korean-built vessel for a price of $18.4m, significantly under the $20.38m valuation according to VesselsValue.

According to VesselsValue data, Alpha Bulkers recently also sold two 2000-built capesize bulkers, Alpha Century and Alpha Era, to Chinese buyers.

Alpha Bulkers owns a fleet of 33 bulk carriers.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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