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Scorpio Bulkers cancels kamsarmax newbuilding

Scorpio Bulkers has continued to cull its fleet expansion with the cancellation of a kamsarmax newbuilding.

Marcus Hand, Editor

April 4, 2016

1 Min Read
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The shipowner said it had reached agreement with as shipyard to cancel a kamsarmax newbuilding, which had been due for delivery this month.

Scorpio Bulkers has been released from all rights and obligations under the contract and will not have to pay the $19.3m final installment.

The company has fleet of 33 bulkers with a further 15 newbuildings on order.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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