Greater China

Scorpio orders six bulkers in China

Shanghai: Scorpio Bulkers announced Tuesday that the company has entered into newbuilding agreements for the purchase of eight dry bulk vessels for an aggregate of US$242m.

Six of the vessels will be built in China, including two kamsarmax bulkers in Shanghai Waigaoqiao Shipbuilding, which are due for delivery during Q2-Q3 2014, and another four kamsarmaxes in Jiangsu Yangzijiang Shipbuilding, which are scheduled for delivery between Q3 2015-Q1 2016.

Scorpio Bulkers has contracted and agreed to purchase 28 Ultramax, 16 Kamsarmax and three Capesize newbuilding dry bulk vessels to be delivered starting from the second quarter of 2014 from shipyards in Japan, China and Romania, according to the company.[04/12/13]

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