Oldendorff Carriers has come a long way since a 21-year-old Egon Oldendorff became a partner in 1921 in a small Hamburg shipping business, which was renamed Lillenfeld & Oldendorff.
Today, its fleet handles around 320 million metric tonnes of bulk and unitised cargo.
Observers point to its transition from being a traditional tramp owner to a logistics provider, with contracts of affreightment involving “huge amounts” of commodities around the world.
