Scorpio Bulkers has announced the sale of 2015-built kamsarmax bulkers SBI Electra and SBI Flamenco. The sale, to an unaffiliated third party, is at an eye-catching price of $48m. VesselsValue values the pair at around $42.6m, although MSI puts the fair market value of both the and at $24.6m....
https://splash247.com/scorpio-bulkers-offloads-kamsarmax-pair-for-48m/
Monaco-headquartered Scorpio Bulkers has entered into a financing transaction to sell one of its kamsarmax bulkers and lease it back for a five-year period. Scorpio is selling 2015-built Japanese built kamsarmax dry bulk vessel for $21.4m. It will then lease the vessel back from the buyer via a...
https://splash247.com/scorpio-bulkers-refinances-kamsarmax-via-sale-and-leaseback-deal/
GasLog has revealed more details of new seven-year charter party agreements it has signed with Cheniere Energy for which two 180,000 cu m LNG carriers have been ordered at Samsung Heavy Industries in South Korea, with expected delivery in mid-2021. The ships feature low pressure two stroke...
https://splash247.com/gaslog-readies-another-deal-on-back-of-latest-double-with-cheniere/
Monaco-based gas carrier operator GasLog has placed an order at South Korean yard Samsung Heavy Industries for the construction of two 174,000 cu m LNG carriers. The order comes after Cheniere Marketing International exercised its option for two new charter agreements, each for a firm period of...
https://splash247.com/gaslog-orders-lng-carrier-pair-for-cheniere-charters/
Emanuele Lauro’s Scorpio Bulkers has announced that is has fixed 2016-built ultramax bulker out on time charter. The charter, with an unaffiliated third party, is for a period of four to six months at $14,850 per day. Scorpio owns a fleet of 56 bulkers, made up of ultramaxes and kamsarmaxes,...
A jubilant Emanuele Lauro yesterday completed the takeover of Nordic American Offshore cementing Scorpio Group’s full-on entry into the offshore sector. Scorpio paid $5m in a private placement yesterday to take over the company with Lauro now installed as chairman and CEO at NAO taking over from...
Emanuele Lauro’s Scorpio Group has entered into letters of intent with suppliers, engineering firms, and ship repair facilities to cover the purchase and installation of scrubbers on the majority of its fleet. The latest letters of intent will cover 75 tankers and 56 bulkers, having already signed...
Emanuele Lauro’s Scorpio Bulkers has been given a commitment by Nordea Bank and DVB Bank for a loan facility of up to $90m. The loan is being used to refinance up to 60% of the value of six ultramaxes, and will see Scorpio pocket around $28m after the repayment of the existing debt attached to […]
https://splash247.com/scorpio-bulkers-pockets-28m-from-refinancing-of-ultramaxes/
The National Bureau of Investigation in the Philippines is seeking the prosecution of two Italians and three Filipinos for syndicated and large-scale illegal recruitment of seafarers. True Alliance Shipping Corporation, which is fronted by Henry James Avecilla, Judith Cabrera and Lucky Philip...
https://splash247.com/prosecution-sought-in-manila-over-illegal-recruitment/
Lauro Emanuele’s Scorpio Group has made the decision to install scrubbers on the majority of its fleet. According to Cameron Mackey, chief operating officer of Scorpio Group, the company is going to install 100 hybrid-ready scrubbers across its fleet. Two-thirds of the scrubbers will be installed...
https://splash247.com/scorpio-opts-for-scrubbers-for-majority-of-fleet/