Scorpio Bulkers engages in sale and leaseback deal with Ocean Yield
Following on from a seven-vessel sale-and-leaseback move last month, Scorpio Bulkers has embarked on another deal, this time with Ocean Yield, for two ultramax dry bulk vessels. The deal should increase US-listed group’s liquidity by up to $17m
Scorpio Bulkers will bareboat charter the vessels for 11 years with purchase options after the fourth year
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