It looks like Scorpio Bulkers hit the wall today, as the expansive and aggressive carrier has otherwise kept its sights set firmly on the road ahead with complete faith in its giant orderbook and the dry bulk vessels set to be delivered.
The carrier's confident CEO Robert Bugbee said as recently as late October that "we have the fleet everybody wants," referring to the fact that Scorpio Bulkers' - and Scorpio Tankers' - ships would be state-of-the-art fuel efficient eco-design vessels, as opposed to many competitors' ships.
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