German bulker giant Oldendorff Carriers' latest secondhand purchase has underlined its expansion in the the post-panamax to baby capesize market.
The company claims to be a market leader for ships which range in size from roughly 84,000-dwt to 123,000-dwt.
Oldendorff now operates around 115 vessels in the size range, including 30 owned units.
In a recent off-market deal the German owner bought the post-panamax the Cosco Dalian-built 93,000-dwt Ocean Garnet (built 2010) from the Noble Group.
