Oldendorff returns to Hantong for kamsarmaxes

Oldendorff returns to Hantong for kamsarmaxes

German owner Oldendorff Carriers has placed an order for one firm and one optional 82,000 dwt kamsarmax bulker at Jiangsu Hantong in China.

Brokers suggest Oldendorff is paying $23.5m for the firm ship with delivery due next year – a clear sign of the increasingly empty nature of many Chinese orderbooks.

Oldendorff knows Hantong well, having ordered a series of newcastlemaxes there back in 2014.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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