Grindrod Shipping has extended the termination date of its IVS Bulk joint venture to the end of December, saying on Monday it cannot give any assurance the acquisition would be completed.

Grindrod Shipping owns and operates a diversified fleet of owned and long-term and short-term chartered-in dry bulk vessels and product tankers. The dry bulk business operates under the brand “Island View Shipping” (IVS)...

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