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Scorpio Bulkers adds 11 ships to its fleet

Five ships of 180,000 dwt will join the carrier's already massive newbuilding fleet of 74 ships, says Scorpio Bulkers, which also charters seven vessels.

74 dry bulk vessel orders in the pipeline are apparently not quite enough for Scorpio Bulkers CEO Emanuele Lauro. In any case, the carrier has added another five ships to its newbuilding fleet, with an order for five 180,000 dwt ships, four of which will be built at South Korean shipyard Daehan Shipbuilding. The vessels are set for delivery in 2015 and the first quarter of 2016. The last dry bulk vessel will be built by Sungdong Shipbuilding & Marine Engineering, scheduled for delivery in 2015.

The order is worth a total USD 306 million, says Scorpio Bulkers in a press release.

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