New York-listed Scorpio Bulkers is taking a first step into the market for wind turbine installation vessels (WTIV).
The bulker owner signed a letter of intent at South Korea’s Daewoo Shipbuilding & Marine Engineering for a $265m to $290m project.
Scorpio, an owner of conventional dry bulk vessels, is making the jump after more than a year of studying the technology, chief executive Emanuele Lauro told TradeWinds.
