As Oldendorff Carriers celebrates its centenary, chairman Henning Oldendorff credits a youthful, ambitious approach to business for the dramatic growth that has transformed it into one of the world’s largest dry bulk companies.

Youth has been a theme for those 100 years.

Oldendorff’s father, Egon Oldendorff, was just 21 when he became a partner in a small Hamburg shipping business, Lillienfeld & Oldendorff, on 19 February 1921.