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Taylor Maritime unveils deals to shed 11 more bulkers

  • Slew of sales expected to generate gross proceeds of more than $172m, with all the cash recouped earmarked to reduce debt
  • Moves will leave company with fleet of 19 Japan-built bulkers and close to zero bank debt
  • Chief executive Ed Buttery agrees salary reduction amid various measures to increase resilience against anticipated volatility

Disposals partly triggered by geopolitical uncertainty and Trump trade policy, says London-listed owner

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