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Dry Bulk Sale and Purchase Europe

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

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Scorpio Bulkers will bareboat charter the vessels for 11 years with purchase options after the fourth year

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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