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Scorpio Bulkers to be renamed Eneti Inc

Image: Scorpio Bulkers SALT_WTIV_IMAGE (003).jpg
As Scorpio Bulkers continues its pivot to the offshore wind sector the company has announced plans to change its name to Eneti Inc.

NYSE-listed Scorpio Bulkers has been steadily selling off its bulk fleet since last August said that it intends to change its name to Eneti Inc, subject to approval at an extraordinary general meeting on 3 February.

The company intends to sell or have commitments to sell the remainder of its dry bulk fleet by the end of Q1 2020.

In early August last year the company announced its plans to move into the offshore wind market with the signing of a Letter of Intent (LoI) for the construction of a wind turbine installation vessel, plus options, at Daewoo Shipbuilding and Marine Engineering (DSME).