Oldendorff: Surge in newbuildings derail bulk rebound

Henning Oldendorff, Chairman of one of the world's largest dry bulk operators, estimates that far more dry bulk newbuildings were ordered in the first half of 2013 than in 2012 as a whole.

BY OLE ANDERSEN

The flood of newbuildings and the slowdown of economic growth in China could derail a rebound in the dry bulk industry and trigger several bankruptcies, warns the head of one of the world's largest dry bulk operators, Henning Oldendorff, Chairman of Oldendorff Carriers, which includes around 400 owned and chartered ships.

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Oldendorff: Surge in newbuildings derail bulk rebound

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Oldendorff outperforms Rio Tinto and Cargill on bookings

Fearnley: Unusual number of bulk ships ordered

Dry bulk moving in the right direction

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

Seven Seas: Customers' green ambitions and actions don't align

DSV's strategy could block acquisition of DB Schencker

German bank to broker CO2 allowances to shipping customers

Jobs