Star Bulk To Capitalise On Scorpio’s Dry Bulk Exit

Star Bulk is the latest company seeking to capitalize on Scorpio Bulkers’s exit from dry bulk, taking on seven of its ships, reports Ship&Bunker.

Star Bulk has agreed to buy the SBI Pegasus, the SBI Ursa, the SBI Subaru, the SBI Capoeira, the SBI Carioca, the SBI Lambada and the SBI Macarena, the company said in a statement on its website this week. Three of the ships are equipped with scrubbers.

Star Bulk will assume the outstanding lease obligations of the ships, currently at...

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