Scorpio Bulkers books major deficit for the third quarter and initiates bulk exit

On the brink of its exit from the dry bulk market, Scorpio Bulkers books another large million dollar deficit, and the total 2020 losses now surpass USD 200 million. The aim of the new venture is to have up to eight wind turbine installation vessels.

by CHRISTIAN CARLSEN

US-based dry bulk shipping company Scorpio Bulkers, headed by Robert Bugbee, makes its exit from the dry bulk market with a large million dollar deficit in the books.

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Robert Bugbee heralds Scorpio's full exit from dry bulk
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Scorpio sells another dry bulker
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Scorpio Bulkers has sold ships for more than USD 100 million in one month
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