Germany’s Oldendorff Carriers is continuing to shed ships lucratively in strong bulker markets.

Two more deals have emerged in recent days that have brought its total to five disposals since June, for a combined $142m as asset prices firm.

European brokers have reported the 37,900-dwt handysize Dorthe Oldendorff (built 2019) sold for $25m to unknown interests, with a dry-docking due.