On 3 August 2020, Scorpio Bulkers (SALT) announced the signing of a Letter of Intent (LOI) to construct a wind turbine installation vessel (WTIV), due for delivery in 2023 with the option for up to three additional vessels. The total cost of the project is expected to be in the range of USD 265-290 mn, …
The post Wind turbine installation vessel business – Reprieve or a debt trap for Scorpio Bulkers? first appeared on Hellenic Shipping News Worldwide.