Scorpio Bulkers in desperate bulk vessel divestment

Scorpio Bulkers is selling five new Capesize bulk vessels for USD 167 million while also performing a stock split at the listed carrier whose comprehensive plans to build the world's largest dry bulk eco-fleet is now left in ruins.

Photo: Scorpio Bulkers

New York-listed Scorpio Bulkers has divested five new Capesize dry bulk vessels for around USD 167, informs the carrier in a corporate statement after the New York Stock Exchange closed on Wednesday night.

The transaction includes three ships delivered to Scorpio Bulkers in 2015 plus another two Capesizes under construction in Korea and scheduled for delivery in the first quarter 2016.

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