Oldendorff Reflags Two Capesize Vessels to Germany

Oldendorff Carriers (Oldendorff) is reflagging two of its Capesize bulk carriers to Germany, underlining the company’s long standing ties to the country and its commitment to Germany’s maritime sector.

The move has particular significance for Oldendorff. Founded in Hamburg in 1921, the family owned company has grown into one of the world’s largest dry bulk shipping companies, while maintaining close ties to Germany and its maritime community.

“Germany has a strong maritime heritage, deep industry expertise and a well-established framework for quality shipping. The improvements to enhance service and support for shipowners, together with the authorities’ commitment to maintaining a consistently high level of service, were important factors in our decision to return these vessels to the German flag. As a German family-owned company, bringing two of our largest bulk carriers under the German flag is a meaningful way for us to reaffirm our roots while supporting the continued strength and competitiveness of Germany’s maritime sector,” says Peter Bagh, Chief Operating Officer at Oldendorff Carriers.

The German flag is internationally recognised for its high standards and consistently performs well in international flag state assessments. Its regulatory framework places a strong emphasis on maritime safety, environmental protection and high standards for working and living conditions at sea.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →