Two scions of the Oetker family are expanding the family’s interests in the dry bulk sector.
Brothers Konstantin and Alexander Oetker are using the latter's private shipowning firm, AO Shipping, as the platform for the family’s ongoing investments in the bulker sector.
The fifth-generation proprietors have emerged as owners of the 57,970-dwt supramax bulker Rowan 1 (built 2010), taking the AO Shipping fleet to eight bulkers ranging in size from supramax to kamsarmax.
