Scorpio Bulkers is expected to remain on the acquisition trail despite spending over $230m on 10 vessels during the past two months, analysts believe.
New York-listed Scorpio Bulkers made a $90m cash and shares swoop for three ultramaxes and a kamsarmax resale last night, to backup the $142.5m sextet bought from Golden Ocean in September.
Analysts note that the stock component of the latest deal is priced at $8.10
