Taylor Maritime Ltd 2024 Annual Report with Sustainability Disclosures
The report outlines Taylor Maritime Investments Limited's financial and ESG performance for the fiscal year ended March 31, 2024. During the year, the company focused on integrating its controlling stake in Grindrod Shipping Holdings and deleveraging its balance sheet through strategic vessel sales. TMI reduced its debt by US$71.2 million, bringing its leverage back within its investment policy limit of below 25% debt-to-gross assets. On the sustainability front, the company aligned its ESG strategy with Grindrod, achieved a 7% year-on-year reduction in carbon intensity across the combined fleet, and prepared for upcoming maritime regulations.
Company: Taylor Maritime Ltd
Sector: Transport & logistics
Country: Guernsey
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 80
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Taylor Maritime Ltd
Annual Report And Audited Consolidated Financial Statements
The report outlines Taylor Maritime Investments Limited's financial and ESG performance for the fiscal year ended March 31, 2024. During the year, the company focused on integrating its controlling stake in Grindrod Shipping Holdings and deleveraging its balance sheet through strategic vessel sales. TMI reduced its debt by US$71.2 million, bringing its leverage back within its investment policy limit of below 25% debt-to-gross assets. On the sustainability front, the company aligned its ESG strategy with Grindrod, achieved a 7% year-on-year reduction in carbon intensity across the combined fleet, and prepared for upcoming maritime regulations.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
Jul 22, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees