Taylor Maritime Investments Ltd - Guernsey-based vessel investment company - Says it has sold a Hanysize vessel and acquired two geared bulk carriers to its fleet. The two new vessels are fixed on short-term period charters of less than 6 months at average annualized unlevered gross cash yields of over 20% based on September 2021 market values. The company adds that the sale of a second vessel is expected to complete within the first quarter of 2022. As a result of the sale and two deliveries, Taylor Maritime Investments' total delivered fleet is now 30 vessels.
Current stock price: USD1.36, up 1.3% in London
12-month change: up 1.6%
By Heather Rydings; heatherrydings@alliancenews.com
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Taylor Maritim (TMI)