Taylor Maritime strengthens cash position after 50-vessel sales

London Stock Exchange-listed dry bulk shipowner Taylor Maritime Limited has executed overall 50 disposals since the beginning of 2023, including 23 in the 2025 calendar year, as part of a vessel sales programme at an average of /3.0% discount to fair market value. These sales will have generated total gross proceeds of $822.2m once agreed sales complete, the company said in its unaudited financial and operating quarterly results for the three-month period ended 30 September 2025.

The latest disposals include three completed vessel sales during the period, and one additional sale completed post period, generating combined gross proceeds of c.$87.6m, with two other vessel sales expected to complete between now and the end of December 2025 for combined gross proceeds of c.$41.1m.

The above sales are