Oldendorff Centenary Book - Flipbook - Page 75
1950
After the Allies lift restrictions on
German shipowners, the post-war
reconstruction boom leads to a
rapid build-up of the fleet
1971
Egon Oldendorff (EO) celebrates its 50th anniversary and
operates 33 ships, becoming Germany’s largest bulk shipowner
1973
Two VLCC tankers are ordered at HDW in Germany, but this
investment later turns out to be a heavy financial burden
71