Two kamsarmaxes acquired by CSL Group from Scorpio Bulkers in March for $48m have been trading as conventional bulkers ahead of their planned conversion to self-unloading units.
“This is a mix of expansion and fleet renewal for our Americas fleet,” said chief executive Louis Martel, referring to a partnership with compatriot owner Algoma Central on a pool of self-unloaders that is run from Middleton, Massachusetts, near Boston.