Oldendorff Carriers has completed 23 deals with three Chinese leasing companies over the last year. The deals comprise four 209,000 dwt, two 180,000 dwt, four 81,000 dwt, eight 63,500 dwt and five 61,000 dwt bulkers. Eight of the 10 vessels will be equipped with open loop scrubbers, while the other two will be equipped with hybrid scrubbers. In addition, by 2021, Oldendorff will have taken delivery of 106 newbuilds from 23 Chinese shipyards. Oldendorff currently has a fleet of 750 vessels with a total tonnage of 63.4 million dwt and an average age of eight years.