Our story goes back to 1921, when 21-year-old Egon Oldendorff became a partner in a small Hamburg shipping business, renamed Lillienfeld & Oldendorff. The business faced severe challenges following the aftermath of the first world war and endured the hardships of the second world war and several financial recessions, but in the 1950s a freight boom saw the fleet rebuilt rapidly. From a local focus in the Baltic timber trade, Oldendorff grew into becoming one of the largest drybulk shipowners and operators in the world.
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