Richard du Moulin-led Intrepid Shipping — the low-profile shipowner that once made headlines for major merger deals in US-flag shipping — is ending operations.

Du Moulin's Intrepid Shipping has sold its last owned vessel, brokers say
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The move comes after du Moulin took on the chairman seat at Pangaea Logistics Solutions, where Intrepid partner Mark Filanowski took on the chief executive job in the wake of the death of Edward Coll.