Oldendorff unveils new series of Kamsaramax orders

(Posted on 02/11/21)

Oldendorff Carriers have revealed that this summer the company signed another two batches of newbuilding contracts for a series of eco Kamsarmaxes with HANTONG Shipyard. The orders are for five firm vessels and Seven options. The options are likely to be declared during Q1 of 2022, which would mean that Oldendorff will have built a total of 31 vessels at Hantong between 2016 and 2023, comprised of 7 Newcastlemaxes and 24 Kamsarmaxes.

The latest orders are for the new Sdari-82 (2020) design, which features an improved hull form for an even lower consumption and a better light running margin (LRM) for the propeller. At a speed of 14.0 knots, the consumption of the MAN-B&W 6S60ME-C 10.5 engine on design load draft will be 23.18 tons (basis ISO conditions and a LCV of 42,700 kj/kg).

The firm and optional vessels will deliver between July 2022 and September 2023. Some of them have been resold to another owner.

Next month, Hantong will also deliver the last two 209,000 tdw Newcastlemax newbuildings (MV “Heide Oldendorff” and MV “Hauke Oldendorff”), which will service a 10 year Contract of Affreightment from 2023 onwards.

Of the roughly 750 owned and chartered vessels in Oldendorff fleet list, around 200 are on floating index-based period charters and around 80 on fixed rate period charters.

So far this year, Oldendorff Carriers has acquired 16 vessels and holds 7 options:

2 x 182,000 tdw – NBs ex-yard Namura Nov-22 and Feb-23

1 x 119,000 tdw – built 2013 at Sanoyas

1 x 111,000 tdw – built 2012 at Mitsui

1 x 99,000 tdw – built 2013 at Tsuneishi Zhoushan

2 x 96,000 tdw – built 2011 and 2013 at Imabari

2 x 93,000 tdw – built 2012 at Cosco Zhoushan

5 x 82,000 tdw – NBs ex-yard Hantong Jul-22 onwards (+ 7 options)

2 x 61,000 tdw – NBs ex-yard DACKS Jul-22

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