Independent journal on economy and transport policy
13:34 GMT+1
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Scorpio Bulkers will exit the bulk carrier industry by 2021
The last 25 bulk of the fleet will be sold by next year
December 21, 2020
The company recalled signing a letter of intent with South Korean Daewoo Shipbuilding and Marine Engineering Co. (DSME) for the construction of a turbine installation vessel to be taken over in 2023, with options for the construction of a further three units of the same type.
In addition, Scorpio Bulker has announced that the decision of his board of directors to get rid of the bulk fleet carrier by next year will involve the registration of write-downs of $475-500 million for ships sold or classified as intended to be sold.
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