In a rare newbuilding deal in the current market, Oldendorff has turned to Oshima Shipbuilding of Japan with an order for a 62,000-dwt “super eco” bulker scheduled for delivery in 2020.

The ship is to be named Beate Oldendorff, a popular name for the owner, which sold the 227,000-dwt bulker Beate Oldendorff (built 1988) last year.

No price has been disclosed for the newbuilding but sources suggest it will cost $24m.

Oldendorff