Last modified: 2016-03-20 by ivan sache
Keywords: reederei nord | oldendorff |
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![[Reederei Nord]](../images/c/cy~hfnor.gif)
House flag of Reederei Nord - Image by António Martins, 30 April 2005
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Quoting the company website:
Reederei Nord Klaus E. Oldendorff is a family-owned company, established in 1964 by Mr. Klaus E. Oldendorff. The company started trading on 12 December 1964 (...). The following day, 13th December, the company opened its first office in Hamburg, where Mr. Oldendorff initially worked as the sole shore-side employee. (...) Over the next five years, further second hand purchases took place and the fleet began to grow.
Then in 1969 and 1970, the company took delivery of its first new buildings (...) the so-called Trampko-type (which) were some of the first semi-container vessels with a deadweight of 7,435 tons and a container carrying capacity of 228 teu. They were delivered just as the freight markets plunged into a deep crisis (...) but the new buildings were able to continue to trade and with the upswing in containerization, did very well. (... ) From that time on, the company has only invested in new buildings. Building in West Germany had become too expensive and the company has since built in Japan, Singapore, China, East Germany, Poland and Korea.
During the 1980s, the conditions for ship-owning in Germany became very difficult and it was decided that if the company was to continue trading successfully, then it must move to another country. After careful study and preparation, Mr. Oldendorff together with his wife Christiane, and their two sons Christian and Nikolaus, emigrated to Limassol, Cyprus in January 1987.
Since the company moved to Cyprus, it has flourished and experienced considerable growth in both numbers of ships and the total deadweight of the fleet. The company currently operates a very modern fleet of 36 vessels, totaling just over 2.5 million tdw, forming the biggest fleet tonnage wise under the Cyprus flag.
The company is a founding member of the Cyprus Shipping Council.
Jan Mertens, 20 August 2005
The house flag of the company is a very dark blue flag, in apparent proportion 2:3, with a large upper case "N" in a sans serif typeface surrounded by a white circle.
António Martins, 30 April 2005