Oldendorff lets go of another post-panamax

Oldendorff Carriers has sold a second post-panamax in quick succession, one of several bulker sales reported this week, reflecting a thriving S&P market amid ongoing global trade uncertainty.

The 13-year-old, 93,000 dwt Cosco Zhoushan-built Clemens Oldendorff is reported sold for $13.3m by a string of brokers. In November, a Chinese account sold a same-sized bulker, but two years older, Pisces First, built at Jiangsu New Yangzijiang, for $12.9m. 

This February, Oldendorff sold the 13-year-old, Taizhou Catic-built, 93,000 dwt post-panamax Cora Oldendorff to Chinese interests for just under $14m. Last year, Oldendorff was ranked as Europe’s top bulker seller, offloading 20 vessels of various ages and sizes.