Taylor Maritime has agreed to sell its last owned bulk carrier for $15.1 million, according to Splash247. Completion is expected in December, so the agreement does not establish that the vessel has already been handed over.

The report distinguishes the agreed sale from one vessel that remains on charter under a sale-and-leaseback arrangement with a purchase option. That arrangement expires in April 2027. The company expects to end commercial shipping operations by the end of 2026, while assessing how to exit the remaining charter.

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Source: Splash247 · original report