Oldendorff Carriers acquired a 180,000 tdw Capesize newbuilding resale (Hull No. 131) from Jinhai Heavy Industry Co Ltd. The vessel was launched in summer 2016 and is expected to deliver to Oldendorff Carriers in March or April 2017 as MV “William Oldendorff”, the company said in its press release.
Jinhai has built and delivered 40 Capesize vessels of about 176,000 tdw between around 2010 and 2014 to various owners including Bocimar, Cargill / Carval, Fredriksen, Noble, Augustea, Golden Union, Sinotrans, Zosco etc. However, the vessel we acquired is of the newer “CSDC-180k” design and features B&W 6S70MC Mark 4 engine, built by Hyundai Heavy Ind. in Korea.
Jinhai Heavy is currently rather active, being in the middle of building a series of 15 x 12,000 TEU ships for MSC and 2 x 2,500 TEU for CMA-CGM, 2 x VLCCs, 1 x 7000 cbm dredger, 1 x offshore service platform etc.
Recently, Oldendorff Carriers focussed on Newcastlemax size vessels for its own fleet, so this is the first regular 180,000 tdw Capesize since Oldendorff Carriers resold 2 x 180,000 tdw resales ex-Beihai Shipyard to Greek owners at US$ 58.0 mio and US$ 50.0 mio respectively for delivery August 2014 and January 2015, which were also of CSDC design.