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TMI: $176.3 million in vessel sales enables debt-free status and preserves shareholder value

TMI: $176.3 million in vessel sales enables debt-free status and preserves shareholder value

Taylor Maritime LimitedJuly 16, 20255
TMI: $176.3 million in vessel sales enables debt-free status and preserves shareholder value

About this update from Taylor Maritime Limited

Ten new vessel sales raised $176.3 million, enabling full bank debt repayment and preserving $82 million in shareholder value. The fleet is now leaner, with ample liquidity and a continued focus on dividend stability amid market uncertainty.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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