grindrod shipping holdings ltd. grindrod shipping, originated in south africa with roots dating back to 1910. the company is based in singapore, with offices around the world including, london, durban, cape town, tokyo and rotterdam. its primary listing is on nasdaq and secondary listing on the jse. grindrod shipping trades globally under two key brands - island view shipping and unicorn shipping. its modern, low cost fleet of dry bulk vessels and products and chemical tankers are owned, chartered and operated by ivs and unicorn shipping respectively. ivs is focused on moving dry bulk cargo such as minerals, coal, ores and agricultural products whilst unicorn shipping is focused on moving liquid chemicals and clean petroleum products. the vast majority of the fleet is commercially and technically managed in-house. the technical department employs a large team of experienced and qualified managers in singapore and durban, including six master mariners and 10 class 1 marine engineers who