August24 , 2026

    Oldendorff lets go of another post-panamax

    Related

    DP World, JSW Infra, Essar, Vedanta Vie for VOC Port Box Terminal

    More than a dozen companies, including DP World’s Indian...

    Indian Firms Push for Fully Operational Bangladesh Land Ports

    Indian businesses are calling for Bangladesh-India land ports to...

    Indian Exporters Set to Benefit from Return of Large Ships via Suez

    Indian exporters could gain from the gradual return of...

    Iron Ore Vessel Sinks Off Odisha, 22 Crew Members Missing

    A Panama-flagged bulk carrier carrying iron ore has sunk...

    India Plans to Triple Air Cargo Volumes by 2030

    India is targeting a major expansion of its air...

    Share

    German dry bulk powerhouse Oldendorff has let go of a ship despite softening prices as the market takes a breath.

    According to sales registers, the German post-panamax expert has sold six ships, with four sold in pairs since June. The Henning Oldendorff-led owner has now let go of one more, selling the 11-year-old, 96,000 dwt, Imabari-built, scrubber-fitted Claas Oldendorff for $27m.

    The price from the sale is identical to a sale from the beginning of April when another active European seller, Cobelfret, sold a sister ship to Dongguan Haichang, the non-scrubber fitted Lowlands Rise, now named HC Wisdom, for $26m.