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03 AUG 2026 MONDAY
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Brokers report that Oldendorff Carriers has sold another ship in its preferred segment, parting with a 2011-built, 95,000 dwt Imabari-built post-panamax bulker Cedric Oldendorff for around $16m. This marks the third sale in this segment since February. Earlier, the company sold the 2012-built Cora Oldendorff, a Taizhou Catic-built bulk carrier, for just under $14m. Notably, that vessel was due for its special survey and drydock in April 2025—the same month Oldendorff also sold a similarly aged, COSCO Zhoushan-built bulker for $13m, with its drydock due in May. According to VesselsValue data, Oldendorff has sold a total of 22 bulk carriers since January 2024. The majority of those deals—77%—took place in 2024. Just 23% of the disposals have occurred in 2025 so far, signalling a significant slowdown in the company’s asset sales this year. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsGermany
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market_report Splash247 ·2025-08-06

Oldendorff makes $16m from post-panamax sale

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