Oldendorff Carriers Joins Sustainable Shipping Initiative

first_imgzoomImage Courtesy: Oldendorff Germany-based dry bulk shipowner and operator Oldendorff Carriers has become the newest member of the Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping industry.Oldendorff joins other SSI members who are working together to help create a more environmentally sustainable maritime industry by 2040.Oldendorff Carriers usually has around 700 bulk carriers under operation at any one time. Since 2014, the company has invested in around 60 ‘eco’ newbuildings, which have been delivered from China, Korea and Japan. They feature low fuel consumption and significantly reduced emissions compared with older ships. Most long-term time chartered ships are also ‘eco’ type ships.“Oldendorff Carriers is pleased to join the distinguished members of the SSI to share ideas and find a profitable and practical way forward on sustainability in the shipping industry. We found the SSI an excellent forum to address shipping specific sustainability issues, with like-minded companies,” Scott Jones, Director of Communications at Oldendorff, said.“Oldendorff is a great addition to the SSI, providing the perspective of a large bulk operator into the deliberations about sustainability and long-term thinking on the maritime industry,” Tom Holmer, General Manager of SSI, noted.“The sharing of ideas and best practice across different organisations is a critical part of our journey towards reducing greenhouse gases, developing new technology and becoming more transparent and accountable,” Holmer added.Last week, ship recycler Priya Blue, described as a pioneer in sustainable ship recycling in India, also joined SSI.Other members of SSI include ABN-Amro, AkzoNobel, Bunge, China Navigation, IMC Shipping, Lloyd’s Register, Louis Dreyfus, Maersk, Priya Blue, Rightship, Wartsila, Forum for the Future and WWF.last_img read more


Maersk Tied to Sale of Boxship Duo

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Danish shipping giant Maersk has been linked to a sale of two containerships to Japan’s Nissen Kaiun.According to a report from Intermodal Research and Valuations, the vessels in question are the 2012-built Maersk Edirne and Maersk Eureka.The units were allegedly sold at a price of USD 46 million a piece and were time chartered back to Maersk. Built by South Korea’s Hyundai Heavy Industries, the vessels feature around 13,100 TEUs.The containerships are said to be a part of a batch of six units which were taken over by Maersk from German Commerzbank earlier this year. Maersk reportedly paid USD 280 million for the secondhand boxships, which included two Sub-Panamaxes and four Panamaxes.The two ships were previously known as Hanjin Sooho and Hanjin Asia and were part of Hanjin Shipping’s fleet, a former South Korean shipping giant which went bankrupt in 2017.World Maritime News Stafflast_img read more