Scorpio Bulkers snaps up three ultramaxes from Greathorse

Scorpio Bulkers snaps up three ultramaxes from Greathorse

Emanuele Lauro’s Scorpio Bulkers continues to expand its ultramax fleet with the acquisition of three bulkers from China’s Greathorse International Ship Management.

According to a report by Clarkson, Scorpio Bulkers has acquired the 2014-built Tiger Anhui, 2014-built Tiger Shanghai and 2015-built Tiger Tianjin for a total price of $64.5m.

The deal follows Scorpio Bulkers’s acquisition of six ultramax bulkers from Golden Ocean in September.

Greathorse has been downsizing its ultramax fleet, having also offloaded four ultramax bulkers to Singapore’s Olam Group in August.

Scorpio Bulkers currently operates a young fleet of 46 bulkers, all built after 2015.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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