Oldendorff Carriers has sold another two bulk carriers, bringing its total number of vessels sold this year to 14.

The transactions show that the German owner-operator is continuing its clearout of nearly new kamsarmaxes, making more money every time it sells one.

Brokers report that Oldendorff has sold the 82,143-dwt Kristian Oldendorff (built 2024) to HMM of South Korea for $40.85m,