Taylor Maritime banks $176m from ten more vessel sales

Taylor Maritime seals $176 million from 10 vessel sale

Taylor Maritime has completed sales of 10 vessels, generating $176.3 million in gross proceeds, with an average 1.1 per cent discount.

Taylor Maritime announces ten vessel sales

Taylor Maritime has confirmed ten new vessel sales for combined gross proceeds of US$176.3 million, representing an average 1.1% discount to Fair Market Value. Three vessel sales have completed with the remaining seven vessels expected to complete by December this year.

Taylor Maritime banks $176m from ten more vessel sales

London-listed Taylor Maritime has confirmed the sale of ten more vessels, bringing in gross proceeds of $176.3m. The Ed Buttery-led bulker owner said that three of the sales have closed, with the other seven expected to wrap up before year-end. Taylor Maritime also completed nine previously disclosed vessel sales, which raised $137.3m in gross proceeds. …