Taylor Maritime handysize snapped up by Narval Shipping

Taylor Maritime handysize snapped up by Narval Shipping

Greek owner Narval Shipping has acquired the 1998-built handysize bulker La Louise from Hong Kong’s Taylor Maritime.

Brokers tell Splash the deal was done for $5.7m, with the vessel changing hands earlier this month and renamed to Ekaterina. MSI places the fair market value of the ship at $4.6m.

Splash understands the vessel may not have been fully owned by Taylor Maritime, with Japanese investors possibly involved.

Hong Kong-based Taylor Maritime was founded by Edward Buttery in 2014, and has built up a fleet of 28 vessels. Splash spoke to Buttery in detail about his plans for the company in the latest issue of Maritime CEO magazine, which can be accessed here.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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