Fast Track 100

From an office in the Cardiff Bay area, this family-owned firm is involved in various aspects of the global shipping business. It is a leading member of a consortium that designs the Diamond series of modern bulk carriers, and it finances and supervises the building of ships at yards in China and Vietnam. Graig Shipping also operates 15 vessels, some of which are owned and others managed for third parties. Under chief executive Hugh Williams, grandson of founder Idwal Williams, sales grew 62% a year from £5.4m in 2003 to £23.1m in 2006.

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Company details
CompanyGraig Shipping Group
ActivityShip manager and owner
Annual sales rise over 3 years62.32%
Latest sales £000s23,098

If applicable:

* supplied by company † annualised figure