Oldendorff takes another post-panamax

Oldendorff takes another post-panamax

German shipping mammoth Oldendorff has added its third post-panamax bulker this year. 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 year older and slightly smaller, 93,000 dwt Ocean Ruby from Noble Group. 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.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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