News
21 December 2020

Scorpio announces exit from dry bulk sector

In:
Transport
Region:
Europe

Scorpio Bulkers has announced plans to sell its remaining dry bulk vessels and exit the dry bulk sector during 2021.The company expects to record a write-down ranging from $475 million to $500 million on vessels sold and classified as held for sale. This includes non-cash charges of $425 million to...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
14 July 2026

Uncertainty is the unwelcome gift, but pipeline grows for...

Speaking at TXF Global, Jebsen & Jessen CEO Ralf Schwarzhaupt highlighted a booming project pipeline despite Middle East headwinds, calling for fewer regulations, faster...

Perspective
15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...