Scorpio Bulkers, which along with sister company Scorpio Tankers, has taken a major bet on scrubbers to comply with the IMO’s 2020 low sulphur regulations is assuming a price spread of $250 per tonne between high and low sulphur fuel once the limit is in force.

Aggressive shipowner Scorpio has taken over Nordic American Offshore (NAO) via a share placement with Emanuele Lauro appointed as chairman and ceo.