24
Fri, Jan

Australia’s Largest Livestock Exporter Shuts Down Operations After Selling Last Ship

Marine Insight
Australia’s Largest Livestock Exporter Shuts Down Operations After Selling Last Ship
Australia’s Largest Livestock Exporter Shuts Down Operations After Selling Last Ship
Livestock Carrier
Image for representation purposes only

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 be completed by July 2025. The company plans to distribute proceeds from

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