Gypsum giant sheds ships

Gypsum Integrity Gypsum Integrity

APRIL 23, 2015 — Chicago based building products giant  USG Corporation (NYSE:USG) says it has entered into agreements to sell the two ships in its non-core shipping business, Gypsum Transportation Limited (GTL), for $42 million.

The sales of the ships are expected to close in April 2015.

Both ships are Bermuda-flagged 47,761 dwt  self  discharging bulk carriers: the Gypsum Centennial, built in 2001, and the Gypsum Integrity, built in 2009.

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