Four modern post-panamaxes have been purchased from compatriot NSC Schiffahrt in addition to the 115,000-dwt Emma Schulte (built 2012) from Thomas Schulte. Subjects have been lifted on both deals.
Oldendorff appears keen to purchase more bulkers, preferably in private, off-market transactions, say sources.
The price of the five ships remains confidential, although sources indicate that Oldendorff is paying $12.6m for the Shanghai Jiagnan-built Emma Schulte, and $9.5m
