The second of two Angelicoussis Group-controlled capesize bulk carriers caught up in the conflict in Ukraine has managed to safely sail out of the war zone.

The 180,000-dwt Maran Excellence (built 2016), which usually ships iron ore, is now heading for Spain with a cargo of barley, wheat and corn, loaded at the port of Yuzhny, where it had been trapped since the outbreak of hostilities in February.