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Other current group investments

Listed below are other assets that are controlled by EGON OLDENDORFF and its subsidiaries. The largest investment was made in our Reloaders in various countries, the hotel and office building and other real estate and farming.

In order to diversify our assets, we have invested our own money in other areas. The table below lists our interests in various other areas outside our shipping assets:

Asset Type Owned Share
FLENSBURGER (sold) Shipyard, Germany 1990 - 2008 100%
SENATOR Hotel 450-bed, 5-star hotel, 15,000 m² 2000 100%
Office Head office, 3,500 m², Germany 1999 100%
Farming 2 x 300-hectare farms, Germany 1984 100%
Other real estate Office and residential 1984 100%
Reloaders, Guyana Transshipment system 2006 100%
Reloaders, Abu Dhabi Transshipment system 2008 50%
Reloaders, Turkey Transshipment system 2002 Leased
Christopher Insurance Captive insurance, Isle of Man 1997 100%
Atlantica Shipping Shipping company, Oslo 1996 10%
AXS Marine Web applications, Paris 2006 10%