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Scorpio Bulkers offloads six capesizes for $227m

Scorpio Bulkers is selling off a further six capesizes as the dry bulk market remains highly depressed.

Marcus Hand, Editor

November 26, 2015

1 Min Read
Kalyakan - stock.adobe.com

New York-listed Scorpio said it was selling two capesizes currently on the water and four newbuildings under construction to an undisclosed buyer for $227m.

Of the four newbuildings, one but in China was due for delivery in Q4 2015, and the three other being built at Korean yards are expected to be delivered in the first quarter of 2016.

Scorpio currently owns 28 vessels, consisting of three capesizes, 10 kamsarmaxes and 15 ultramaxes with an average age of 0.4 years. It has a further 26 vessels on order.

About the Author

Marcus Hand

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.

See more from Marcus Hand
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