Graig Shipping is selling its last two handysize bulkers, which will see the Welsh company exit shipowning at the end of its centenary year.
The private Cardiff-based company has agreed to sell the 34,898-dwt sisterships Graig Rotterdam and Graig Cardiff (both built 2012) by the end of 2019, with proceeds going towards paying off creditors and an outstanding loan from ABN Amro.