Shanghai-based shipowner and dry bulk operator Augustus Maritime was once the biggest player in a specialist trade that no longer exists — the export of Indonesian nickel ore to China.

But Augustus Maritime founder Gary Zhang Yanggao has rebuilt his business over the past four years with two complementary sides.

On one is the export of nickel ore to China from fresh sources in the Philippines and New Caledonia, and on the other, the export of products from the newly opened smelters built in Indonesia.