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


Perspective
23 March 2026

Export and commodity finance volumes balloon in 2025 as...

TXF has published its 2025 data reports for the export and commodity finance industries. Borrowers are raising bigger deals as geopolitical pressures increase supply chain...

Perspective
27 March 2026

Has the ECA untied lending bubble burst?

Untied export finance volumes dropped significantly in 2025 compared to recent years despite a vintage year for ECA business. Is the fall in activity anomalous, cyclical, or...