Oslo-listed Ocean Yield has revealed Scorpio Bulkers has options to sell five ships it charters from the Norwegian owner as it seeks to exit the dry bulk sector.
Kjell Inge Rokke-controlled sale and leaseback specialist Ocean Yield owns five ships - four ultramaxes and a kamsarmax - leased back to Scorpio Bulkers until at least 2029.
Scorpio Bulkers is looking to sell its entire fleet as it moves into wind turbine installation vessels (WTIVs) in a dramatic strategy shift.
