Further evidence of the growing speculative bubble in offshore wind came from Cadeler, the wind turbine installation company formerly known as Swire Blue Ocean, which ..
Speculative capital is now investing in high specification, purpose-built ships to support wind farms that have not even yet been installed. We have previously covered ..
The largest U.S.-listed dry bulk shipping companies are buying up ships in the secondhand market in anticipation of higher rates ahead.
During conference calls on Thursday, executives of both Golden Ocean (NASDAQ: GOGL) and Star Bulk (NYSE: SBLK) highlighted stronger fundamentals for 2021, with vaccine-fueled cargo demand growth expected to outpace vessel supply growth.
According to Star Bulk CEO Petros Pappas, “Clarksons expects the dry bulk trade to expand by 3.7% in terms of ton-miles. On the...
Monaco’s Eneti has sold two more ultramaxes as it moves close to completing its fleet selloff, says a press release published on Globenewswire.Vessel sale details
Eneti formerly known as Scorpio Bulkers, has sold the 2015-built SBI Cronos and 2016-built SBI Achilles for around $39.75m in total.
The vessels were financed by Ocean Yield, who says they will receive $38m from Eneti exercising its option to sell the vessels to a third party.
Delivery of the vessels is planned for the second quarter of...
Eneti (formerly Scorpio Bulkers) has sold five of its dry cargo vessels for approximately US$88 million, says an article published in Baird Maritime.About the sale
The objects of the transactions are the Ultramax vessels SBI Thalia (pictured), SBI Athena, SBI Perseus, SBI Pisces, and SBI Hercules. All five vessels were built in China between 2015 and 2016.
Delivery to the new owner is expected to take place in the second quarter of 2021.
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Eneti (formerly Scorpio Bulkers) has sold five of its dry cargo vessels to an unaffiliated third party for approximately US$88 million. The objects of the transactions ..
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.The massive buy
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...
The dry bulk company formerly known as Scorpio Bulkers has made its official debut today under its new name, Eneti Inc. The name change was set to take effect today…
Scorpio Bulkers has entered into an agreement to sell two Ultramax vessels in its fleet to an unaffiliated third party. The 2015-built SBI Leo (pictured) and SBI Lyra ..
Scorpio Bulkers has sold an ultramax bulk carrier to an an unaffiliated third party, says a press release published on their website.The Vessel value
Scorpio has sold the 2017-built ultramax SBI Libra, which has been on long-term charter from Ocean Yield, to an unnamed third party with delivery scheduled this quarter.
Scorpio says it has sold the vessel for $18.65m, while Ocean Yield says that Scorpio declared an option to sell the vessel netting the Norwegian company $20m. According to...