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Dry Bulk Consolidation Finance

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

  • News

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

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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