Dry CargoEurope

Scorpio Bulkers offloads another five kamsarmaxes for $101.5m

Emanuele Lauro-led Scorpio Bulkers has announced the sale of another five kamsarmax bulkers, and has now sold a total of 13 bulkers since announcing its move into the offshore wind sector in August.

Scorpio has agreed deals with two parties for the 2017-built kamsarmaxes SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka and the 2016-built kamsarmax SBI Reggae.

Scorpio will pocket $101.5m from the sales, with deliveries expected to take place in the first half of 2021. VesselsValue places a total value of $99.02m on the six ships.

Lauro told Maritime CEO in an interview last month that the decision to pivot from dry bulk was taken as dry bulk was a sector it could not dominate, unlike wind installation or the product tanker sector where it has led consolidation in recent years.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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