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2013 October 8   18:16

Scorpio Bulkers announces the acquisition of 15 dry bulk vessels

Scorpio Bulkers Inc. has entered into various agreements for the purchase of eleven Ultramax dry bulk vessels of 60,000 DWT to 64,000 DWT and four Kamsarmax dry bulk vessels of 81,000 DWT to 84,000 DWT from yards in Japan and China, the Company said Monday in a press release.

The vessels include:

 

Yard

DWT

Delivery

1

Mitsui Engineering & Shipbuilding Co., LTD

60,200

Q2-16

2

Mitsui Engineering & Shipbuilding Co., LTD

60,200

Q2-16

3

Imabari Shipbuilding Co., Ltd

61,000

Q2-15

4

Imabari Shipbuilding Co., Ltd

61,000

Q3-15

5

Imabari Shipbuilding Co., Ltd

61,000

Q4-15

6

Imabari Shipbuilding Co., Ltd

61,000

Q1-16

7

Nantong COSCO KHI Ship Engineering Co. Ltd

61,000

Q2-16

8

Nantong COSCO KHI Ship Engineering Co. Ltd

61,000

Q2-16

9

Chengxi Shipyard Co. Ltd

64,000

Q2-16

10

Chengxi Shipyard Co. Ltd

64,000

Q2-16

11

Chengxi Shipyard Co. Ltd

64,000

Q3-16

12

Tsuneishi Group (Zhoushan) Shipbuilding Inc.

81,600

Q3-15

13

Tsuneishi Group (Zhoushan) Shipbuilding Inc.

81,600

Q1-16

14

Imabari Shipbuilding Co., Ltd

84,000

Q1-15

15

Imabari Shipbuilding Co., Ltd

84,000

Q3-15

The total purchase price for the announced agreements is around $455 million.
 
About Scorpio Bulkers Inc.
 
Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities.  Scorpio Bulkers Inc. has contracted 22 “Ultramax”-size newbuilding vessels and has agreed to purchase 4 “Kamsarmax”- size vessels to be delivered starting from the first quarter of 2015 from shipyards in Japan and China.

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