The Chicago-based group has entered into agreements to offload the duo owned by its non-core shipping business, Gypsum Transportation Limited (GTL), for $42m.

According to Clarksons, the only two ships in GTL’s fleet are the 47,761-dwt Gypsum Integrity (built 2009) and the 47,950-dwt Gypsum Centennial (built 2001).

Vesselsvalue.com gives a price of $17.6m and $8.5m for the ships, respectively.

The $42m price agreed by USG is well above those estimations.

USG