Grindrod Shipping has snapped up two ship-management operations from the private Taylor Maritime Group (TMG) in Hong Kong.
The deals are part of an ongoing integration between the Singapore bulker owner and its parent, Taylor Maritime Investments (TMI), which spun off from TMG in 2021 to list in London.
Nasdaq-listed Grindrod is buying 100% of Taylor Maritime Management and Tamar Ship Management from TMG.
