Scorpio Bulkers seals kamsarmax financing

Scorpio Bulkers seals kamsarmax financing

Scorpio Bulkers has been given a loan facility commitment for up to $12.75m to finance a kamsarmax newbuilding due for delivery in the third quarter of 2018.

The financing is from an unnamed European financial institution and has a maturity date of five years.

The bulk carrier is under construction at China’s Jiangsu New Yangzijiang Shipbuilding.

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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