Scorpio Bulkers Orders Three Dry Bulk Vessels from DSME

Scorpio Bulkers Orders Three Capesize Dry Bulk Vessels from DSME

Scorpio Bulkers Inc. announced yesterday that it has reached an agreement with Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) to construct three Capesize dry bulk vessels of 180,000 dwt, at its subsidiary facility Daewoo Mangalia Heavy Industries S.A. in Romania, as listed below:

Yard DWT Delivery
Daewoo Mangalia Heavy Industries S.A.

180,000

Q4-15

Daewoo Mangalia Heavy Industries S.A.

180,000

Q4-15

Daewoo Mangalia Heavy Industries S.A.

180,000

Q1-16

The total purchase price for the vessels is around $162 million.

[mappress]

Scorpio Bulkers, November 19, 2013