Scorpio Bulkers Enters Newbuilding Agreements for 22 Dry Bulk Vessels

  • Business & Finance

Scorpio Bulkers Inc. announced yesterday that it has entered into agreements for the purchase of twenty Capesize dry bulk vessels and two Kamsarmax dry bulk vessels.

Scorpio Bulkers Enters Newbuilding Agreements for 22 Dry Bulk Vessels

The purchased vessel are listed below:

Yard DWT Delivery
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q1-15
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q2-15
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q3-15
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q4-15
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q1-16
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q2-16
Shanghai Waigaoqiao Shipbuilding Co., Ltd 180,000 Q3-16
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q2-15
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q3-15
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q3-15
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q3-15
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q4-15
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q4-15
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q1-16
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q1-16
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q2-16
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q2-16
Sungdong Shipbuilding & Marine Engineering Co., Ltd 180,000 Q2-16
Daewoo Mangalia Heavy Industries S.A. 180,000 Q1-16
Daewoo Mangalia Heavy Industries S.A. 180,000 Q2-16
Hudong-Zhonghua (Group) Co., Ltd 82,000 Q1-16
Hudong-Zhonghua (Group) Co., Ltd 82,000 Q2-16

The total purchase price for the vessels is approximately $1,171 million.

Scorpio Bulkers, January 7, 2014

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