London-listed Taylor Maritime Investments (TMI) has capitalised on strong bulker markets to fix five vessels on charters with cash yields ranging from 20% to more than 50%.
The company said three of the quintet were among the seven handysizes acquired in August at a cost of $108m, using proceeds from July's $75m equity raise.
The other two comprise part of the seed fleet of 23 handysizes and supramaxes that the company listed with in May.
