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Grindrod offloads handysize bulker to Lidmar

Nasdaq-listed owner Grindrod Shipping Holdings has announced that a joint venture in which the company holds a 51% share has sold 2009-built handysize bulker IVS Triview for $7.85m.

The vessel has been delivered to its new owners, which VesselsValue shows as Greece’s Lidmar Shipping and Trading. The low-key owner, which now has a fleet of three handysize bulkers, has renamed the vessel Pnoi.

Singapore-headquartered Grindrod says the sale of the vessel will result in the winding up of the joint venture and it no longer has any owned vessels in unconsolidated joint ventures.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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