Scorpio Bulkers has chartered-in five dry bulk vessels for between five and thirteen months potentially giving the aggressive new kid on the block its first earnings.
Underwriters for Scorpio Bulkers IPO on the New York Stock Exchange (NYSE) last month have exercised their full over-allotment option of 4.96m shares.
Scorpio Bulkers has welcomed 2014 with the announcement of 22 newbuilding agreements totalling $1.1bn.
Scorpio Bulkers has revealed the terms of its initial public offering (IPO) of 15.5m common shares on the New York stock exchange, along with a $330m senior secured loan.
Scorpio Bulkers has announced five more Kamsarmax newbuilding contracts for $157m.
Scorpio Bulkers has announced orders for eight dry bulk vessels for a total of $242m.