Australian mining tycoon and politician Clive Palmer has sold off his dry cargo shipping business.
The disposal of four companies which each own a 64,000-dwt ultramax bulker - Asia Pacific Shipping Enterprise (APSE) I, II, III and IV - took place in January 2015, according to his parliamentary register of financial interests, The Australian daily reported.
The vessels are the Asia Ruby I, II, III and IV, all built in 2014 at the CSC Jinling yard in China for a reported $130m.
The
