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Scorpio Bulkers continues fleet-sale programme

Scorpio Bulkers has announced the sale of its fifth ultramax as it seeks funds to pay for the first instalment likely due for a newbuilding wind turbine installation vessel

This is the US-listed company’s eighth vessel sale since the end of September as it transitions to the offshore wind sector in which it sees opportunities. The sales are raising questions about whether Scorpio Bulkers will continue to operate in the dry bulk segment in months to come

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