Taylor Maritime Limited
57.80
GBX
+0.20
(+0.35%)
ISIN
GG00BQ0H1P47
Return %
Stock
S&P 500
1Y
-74.67
14.20
3Y
-78.30
81.12
5Y
-83.36
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Semi-annual Revenue
USD
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in mil. unless spec.Semi-annual Earnings Per Share
USD
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in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Edward David Christopher Buttery
- Full Time Employees
- 22
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Level 5 North London LO United Kingdom GY1 1WA
- IPO Date
- May 27, 2021
- Website
- taylormaritime.com
- Similar Companies
- Business
- Taylor Maritime Limited, formerly Taylor Maritime Investments Limited, is a Guernsey-based commercial shipping company specializing in the geared dry bulk segment of the global shipping sector. The company owns and operates a high-quality fleet of approximately 39 dry bulk vessels, primarily consisting of 29 Handysize vessels and 10 Supra/Ultramax vessels, including several chartered-in vessels with purchase options. Its fleet primarily carries necessity goods such as food and basic building materials across global markets. The company provides services encompassing investment and commercial ship management, as well as technical ship management following the recent full internalization of vessel management functions. Taylor Maritime operates under a diversified employment strategy, including time charters, voyage charters, and Contracts of Affreightment, optimizing fleet earnings and cargo coverage. Founded in 2021 and headquartered in Guernsey, the company has recently undergone significant strategic changes. In August 2024, Taylor Maritime finalized the acquisition of Grindrod Shipping Holdings Limited, a Singapore incorporated and dual-listed company, which added complementary vessels to its fleet and enabled cost rationalization expected to save approximately $16 million annually. This acquisition positioned Grindrod as a wholly owned subsidiary, contributing to operational efficiencies and enhanced corporate synergies. The company also transitioned its operational management internalization, bringing previously external commercial and technical management functions in-house through Grindrod, facilitating cost savings and increased operational control. Reflecting its evolving business model from a pure tonnage provider to a commercial shipping company, Taylor Maritime also changed its name from Taylor Maritime Investments Limited to Taylor Maritime Limited to align with its expanded strategic scope. Taylor Maritime serves the global dry bulk shipping industry with a strong focus on geared vessels, investing in and managing a diversified portfolio of second-hand ships across key bulk carrier segments. It targets markets requiring efficient transportation of essential bulk commodities and emphasizes operational excellence and continuous fleet renewal, adapting to market cycles and regulatory developments. The company is listed on the Main Market of the London Stock Exchange and maintains a closed-ended investment structure with an ongoing strategy of fleet acquisitions, disposals, and commercial charter optimization. Its recent strategic initiatives, fleet composition, and expanded management platform position Taylor Maritime as a significant player in the geared dry bulk shipping sector.