Investors do not exactly seem to be jumping on the wind-energy bandwagon in their reaction to Scorpio Bulkers’ confirmation that it is speeding its selloff of dry cargo ships to embrace a new role in that sector.
Indeed, they’ve responded to Scorpio selling off ships by selling off shares.
Scorpio was the worst performer among the 30 US-listed shipping stocks under coverage of investment bank Jefferies last week with a 22.6%
