Scorpio Bulkers to Change Name to Eneti

January 6, 2021

(Image: Scorpio Bulkers)

(Image: Scorpio Bulkers)

Scorpio Bulkers announced Wednesday that it intends to change its name to Eneti Inc. as company plans its pivot from dry bulk shipping to offshore wind farm construction and services.

The name change, which remains subject to approval at a February 3 shareholders meeting, comes as a growing number of maritime and offshore oil and gas companies target opportunities in renewables.

In August, NYSE-listed Scorpio Bulkers announced its intention to transition away from the business of dry bulk commodity transportation and toward marine-based renewable energy including investing in the next generation of wind turbine installation vessels. The company has signed a letter of intent to enter into a shipbuilding contract with South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) to build a wind turbine installation vessel (WTIV) to be delivered in 2023, with options to build three further similar vessels.

Meanwhile, Scorpio has been selling its bulk carrier ships, and it aims to sell or have commitments to sell its remaining wholly-owned or finance leased dry bulk vessels during the first quarter of 2021.

Scorpio Bulkers to Change Name to Eneti Scorpio Bulkers to Change Name to Eneti Reviewed by Crude Oil Facilitators on 14:49 Rating: 5

No comments:

Trending Oil Industry News

About Crude Oil Facilitators

Crude Oil Facilitators are dedicated global facilitating and brokerage company in the crude oil industry. We facilitate connection between crude oil buyers and sellers. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the oil buying and selling brokering.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Facilitators, click here ». To learn more about Crude Oil Facilitators, click here


Crude Oil Facilitators

Powered by Blogger.