Scorpio Bulkers on US$455-million Buying Spree

MarineLink.com
Monday, October 07, 2013
Photo courtesy of Scorpio Bulkers

Scorpio Bulkers Inc.has entered into various agreements for the purchase of eleven Ultramax dry bulk vessels of 60,000 DWT to 64,000 DWT and four Kamsarmax dry bulk vessels of 81,000 DWT to 84,000 DWT from yards in Japan and China, as listed below:

(In order: Shipbuilder, Vessel dwt, delivery date)

1   Mitsui Engineering & Shipbuilding Co.,        60,200    Q2-16    
2   Mitsui Engineering & Shipbuilding Co.,        60,200    Q2-16    
3   Imabari Shipbuilding Co., Ltd                       61,000    Q2-15    
4   Imabari Shipbuilding Co., Ltd                       61,000    Q3-15    
5   Imabari Shipbuilding Co., Ltd                       61,000    Q4-15    
6   Imabari Shipbuilding Co., Ltd                       61,000    Q1-16    
7   Nantong COSCO KHI Ship Engineering Co. Ltd          61,000    Q2-16    
8   Nantong COSCO KHI Ship Engineering Co. Ltd          61,000    Q2-16    
9   Chengxi Shipyard Co. Ltd                             64,000    Q2-16    
10  Chengxi Shipyard Co. Ltd                            64,000    Q2-16    
11  Chengxi Shipyard Co. Ltd                            64,000    Q3-16    
12  Tsuneishi Group (Zhoushan) Shipbuilding Inc.        81,600    Q3-15    
13  Tsuneishi Group (Zhoushan) Shipbuilding Inc.        81,600    Q1-16    
14  Imabari Shipbuilding Co., Ltd                       84,000    Q1-15    
15  Imabari Shipbuilding Co., Ltd                       84,000    Q3-15    
 
Scorpio Bulkers is a newly established company, listed on the Norwegian OTC, focused on the ownership and operation of a fleet of modern mid-size dry bulk carriers.

The company is incorporated in the Republic of The Marshall Islands and has principal executive offices in Monaco and New York.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Chevron Suffers Loss, Plans Job Cuts

Chevron Corp. reported a first-quarter loss as slumping oil prices continued to drag down revenue. The company said that it is "on target" to lay off a total of 8000 workers by the end of 2016,

China COSCO to be First through the Expanded Panama Canal

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26.

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Contracts

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Shipbuilding

Symphony Sun’ Launched in Leer

On Friday the 29th of April, Nb. 420 was launched in Leer. She was christened ‘Symphony Sun’ and is the fourth vessel in a series of 6 that will be delivered to Symphony Shipping.

SCHOTTEL Debuts EcoPeller with High-torque Gears

Propulsion and steering systems manufacturer SCHOTTEL has unveiled its new EcoPeller (SRE), which it said offers improved efficiency and robustness. Playing a

Fincantieri Delivers Carnival Vista

Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone.

Bulk Carrier Trends

Lerwick Harbor sees Seasonal Boost

The opening of the offshore season in northern waters has seen specialist oil industry vessels return to Lerwick Harbor during April to support subsea development projects.

India's Highest non-coking coal discharge at Gangavaram Port

Gangavaram Port, the deepest and the most modern port in the country, has created yet another historical milestone record by discharging 1,56,339 metric tons of Non-Coking Coal from the vessel M.

Baltic Index Down on Lower Capesize, Panamax Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as demand for capesize and panamax vessels fell.

Finance

Oil Price Bottoming Depends on Global Growth - IEA chief

International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed but that would depend on global economic growth. Asked if oil prices had reached a bottom,

ExxonMobil 1Q Profits Plunge 63%

Highlights   * Earnings of $1.8 billion decreased 63 percent from the first quarter of 2015.   * Earnings per share were $0.43 assuming dilution.   * Cash

Shipping, Key Ingredient of EU’s Africa Agenda

The African economy has become one of the most promising global growth markets. Shipping is taking care of the largest part of international trade and in Africa

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1380 sec (7 req/sec)