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Taylor Maritime takes handy bulker from Shikishima Kisen

Taylor Maritime Investments has snapped up a handy bulker You & Island from Japan’s Shikishima Kisen for $15.2m, according to brokers.

The 2011-built ship is part of the Guernsey-incorporated firm’s move to invest in 23 secondhand handysize and supramax bulk carriers.

The Ed Buttery-led firm raised $253.7m in an oversubscribed issuing on the London Stock Exchange earlier this year.

End-May, Taylor Maritime sealed purchase agreements for 17 ships for $182.8m, part-financed by the issue of around 93.7m ordinary shares.

The acquisition of the remaining six vessels is currently expected to be completed between July 2021 and February 2022 for a consideration of $81.3m.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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