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International Dry Bulk Offshore

Scorpio chairman says dry bulk didn't deliver returns as expected

Scorpio Bulkers concedes that expected returns from the dry bulk market have not panned out and it is turning to offshore wind, where it says returns would be higher and more predictable

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Scorpio chairman Emanuele Lauro says the company is going through a tough time but its focus now remains on implementing its new strategy in a world that is increasingly looking towards renewable energy

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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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