US-based Scorpio Bulkers is working to improve the carrier's liquidity and is thus divesting several newbuilding contracts. on Friday the company announced in a statement to the New York Stock Exchange that it had made a deal to sell a Kamsarmax newbuilding for around USD 30.7 million. The ship is under construction at Tsuneishi Group (Zhoushan) Shipbuilding Inc and is expected delivered in the 3rd quarter next year.
This is the seventh dry bulk newbuilding Scorpio Bulkers has divested within a week. Last week the company announced the sale of six Capesize vessels to sister company Scorpio Tankers. These vessels will be converted into LR2 tankers. Four of these ships are under construction in South Korea while the remaining two are options. The ships cost USD 51 million apiece for Scorpio Tankers, said CEO Emanuele A. Lauro at a teleconference on Wednesday last week.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.