Port News
Oldendorff seals high price for ultramax pair

Bulker prices are in the spotlight as German powerhouse Oldendorff Carriers tests the market. Broker reports close to the cash-rich account note that two Japanese-built, 60,900 dwt scrubber-fitted ultramaxes, Alwine Oldendorff and August Oldendorff (built 2014, 2015), have been sold to undisclosed Asian buyers for $61m. This marks the first modern Japanese ultramaxes sold for …
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