The integration of Grindrod Shipping into Taylor Maritime Investments (TMI) has already gone a long way, with no unpleasant surprises expected, according to bosses.

The takeover by London-listed TMI was finalised in December and chief executive Edward Buttery is working with group chief operating officer Carl Ackerley on the combination of the operations.

“I think you can plan for plenty of things like integrations, but obviously the implementation of a strategy takes a while,” the CEO told TradeWinds.