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HomeMaritime NewsRegionsAmericasOldendorff sells three CSL Pool self-unloaders to Algoma for $100.5m

Oldendorff sells three CSL Pool self-unloaders to Algoma for $100.5m

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Oldendorff has sold three self-unloaders to Algoma for $100.5m effectively exiting the CSL Pool.

Oldendorff has sold its three remaining self-unloading vessels operating in the CSL Pool - Sophie Oldendorff, 70,037 dwt, built 2000; Harmen Oldendorff, 66,188 dwt, built 2005, and Alice Oldendorff, 50,259 dwt, built 2000 – to Algoma which is also a partner in the pool

Algoma is paying $100.5m for the three vessels which will deliver by the middle of the year. Following the sale Algoma will have eight vessels operating in the CSL Pool and CSL will have 10, with Oldendorff effectively exiting the pool.

After the sale Oldendorff will have 10 self-unloaders in its fleet plus two newbuilds destined for a 25-year contract for NSPC2 in Vietnam.

TAGS: Europe Dry Bulk Regions

 

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