Taylor Maritime reaches last ship in $1bn disposal run

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London-listed Taylor Maritime has completed the sale of three handysize bulk carriers for gross proceeds of about $48.6 million, bringing its wind-down to its final vessel. Chief executive Ed Buttery is building a private dry-bulk position through T3 Holding.

London-listed Taylor Maritime has moved its wind-down to the final vessel, completing the sale of three handysize bulkers while chief executive Ed Buttery builds up a private dry bulk position through his T3 Holding vehicle. The company said on Tuesday that the three previously announced handysize disposals have closed, generating gross proceeds of about $48.6m. …