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Synergy Group’s Ship Management Deal with Oldendorff

Synergy Marine Germany GmbH, a subsidiary of the Synergy Group, has signed an agreement to manage part of the bulk carrier fleet owned by Oldendorff Carriers, one of Germany’s foremost shipowners and one of the world’s leading dry bulk operators.

Dexter Jeremiah, Managing Director Operations of Oldendorff Carriers, commented: “When we place our vessels with a third-party manager we only do so when we are confident they will deliver the benchmarked technical excellence that both Oldendorff and our customers expect. Synergy is renowned as a quality manager with a great safety and operations record.

“As we look ahead to the challenges facing shipping including decarbonisation and how to best implement the latest technology as shipping digitalises, we know Synergy will also be a fantastic technical thought partner.”

The contract with Synergy Group commences with the full technical management of 17 Oldendorff bulk carriers comprising nine post-panamax vessels and eight ‘babycapes’.

Synergy Group will provide full technical management services including the deployment of its innovative digital shipping platform, which ensures the real-time deployment of data to maximise operational efficiency, performance optimisation and vessel profitability.

Captain Rajesh Unni, Founder and CEO of Synergy Group, said: “Oldendorff Carriers is one of the great names of global shipping and we are honoured to be entrusted with the management of part of their fleet.”

Synergy Group, one of the world’s leading ship managers, now has a diversified maritime fleet under management of over 500 vessels. Its footprint comprises a network of 25 offices in 13 countries and the Group employs more than 18,000 seafarers.

William Wallace, Managing Director Fleet and Projects at Oldendorff Carriers, added: “Synergy Group is a leader at finding ways to reduce emissions and improving operations through the innovative deployment of technology. At Oldendorff, we see this type of transparent technical partnership model as very much a win-win.”

Captain Rajesh Unni - Founder and CEO, Synergy Marine Group
Captain Rajesh Unni, Founder and CEO of Synergy Group
Dexter Jeremiah, Managing Director Operations of Oldendorff
Dexter Jeremiah, Managing Director Operations of Oldendorff
William Wallace, Managing Director Fleet and Projects at Oldendorff Carriers
William Wallace, Managing Director Fleet and Projects at Oldendorff Carriers
The 2020 built Oldendorff bulk carrier the
The 2020 built, 100,449 dwt “Dietrich Oldendorff”

About Synergy Group

Headquartered in Singapore, Synergy’s hallmarks are its through-life approach to asset management and ability to develop custom-designed thought partnership strategies with leading owners. Spanning across a network of 25 offices in 13 countries and employing more than 18,000 seafarers, Synergy manages a fleet of over 500 vessels including the most complex LNG (including FSUs), LPG and vast 20,000+ TEU container ships, as well as oil and chemical tankers, car carriers and bulk carriers. With a strong focus on crew wellbeing, digitalisation and environmentally responsible policies, Synergy is at the forefront of transforming the ship management industry.

Media Contact

Vishal Srivastava

Group Head – Corporate Communications

+91 8754536564

vishal.s@synergyship.com

About Oldendorff

Oldendorff Carriers is family owned shipping company celebrating its 100 year jubilee in 2021, now operating a fleet of about 700 bulk carriers. The company is represented by 20 offices around the world with 10 bulk Transhipment projects and has a workforce of over 4,500 people from 60 countries. www.oldendorff.com

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Getting to Zero

Synergy Marine Group is a member of The Getting to Zero Coalition, dedicated to launching zero-emission deep-sea vessels by 2030 and achieving full decarbonisation by 2050. The Global Maritime Forum, in collaboration with the World Economic Forum and Friends of Ocean Action, founded and manages the Coalition.

MACN

Synergy Marine Group is part of the Maritime Anti-Corruption Network (MACN), a global initiative striving for a corruption-free maritime industry, promoting fair trade for the greater societal good.

INTERCARGO

Synergy Marine Group is a part of INTERCARGO, an association championing safe, efficient, and eco-friendly shipping. INTERCARGO collaborates with the International Maritime Organization and other global entities to shape maritime legislation.

IMEC

Synergy Marine Group is part of IMEC, a top maritime employers’ group championing fair and sustainable labor practices. Representing global employers, IMEC negotiates seafarers’ wages and conditions, and invests in workforce development.

IMPA

Synergy Marine Group is involved in IMPA Save’s initiative to reduce single-use water bottles at sea. The IMPA SAVE council comprises top global shipowners and suppliers, representing over 8000 vessels with significant combined purchasing influence.

All Aboard

Synergy Marine Group is a key participant in The All Aboard Alliance’s Diversity@Sea initiative. As one of eleven prominent maritime companies, we aim to foster inclusivity at sea and directly address challenges faced by women seafarers.

CSSF

Synergy Marine Group is part of the Container Ship Safety Forum (CSSF), a global B2B network dedicated to enhancing safety and management standards in the container shipping sector.

Danish Shipping

Synergy Marine Group is affiliated with Danske Rederier, the primary industry and employers’ association for Danish shipping—Denmark’s top export sector. Danske Rederier actively engages with authorities and policymakers both domestically and globally.