Wellard Limited, once Australia’s largest live export business, has announced the sale of its last remaining vessel, the MV Ocean Drover.
The $81 million deal with Meteors Shipping, a Marshall Islands company controlled by Turkish agribusiness Göktaşlar Et-Et Ürünleri Yan Sanayi ve Ticaret Limited Şirketi, marks the end of the company’s nearly half-century involvement in the global livestock export trade.
The sale, pending shareholder approval, is expected to...