Scorpio Bulkers Delays Scrubber Installation on 13 Ships

Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures.

The bulk carrier owner said that the move is expected to delay the payment of between $20 million and $25 million of expenditures until 2021 at the earliest. The move is being announced amid an anticipated hard impact of the COVID-19 pandemic on the demand for bulk carriers.

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