Company:Eneti
| Formerly | Scorpio Bulkers |
|---|---|
| Industry | offshore wind farm construction |
| Founded | 2013 |
| Headquarters | Monaco |
Key people |
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| Owner |
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| Website | www |
Eneti, previously Scorpio Bulkers,[1] is a Monaco-based company specializing in offshore wind farm construction and services. Headquartered in Monaco, it is listed on the New York Stock Exchange[2] and has Emanuele A. Lauro as its CEO.[3]
On December 29, 2023, the firm was acquired by Cadeler.[4]
History
Scorpio Bulkers was founded in 2013 and completed its underwritten initial public offering on the New York Stock Exchange, or NYSE.[2] In August 2020, the company announced its transition from the dry bulk commodity transportation business to marine-based renewable energy.[5] The company’s decision to invest in a wind turbine installation vessel came as a surprise for the market.[6]
In 2020 Scorpio Bulkers lost more than $600 million due to impairments on ships sold or put up for sale.[7] Star Bulk took on seven Scorpio Bulkers’ ships seeking to capitalize on the company’s exit from dry bulk.[8]
In February 2021, the company’s name change to Eneti Inc. was approved at an extraordinary general meeting.[9] Company’s exit from dry bulk sector and name change is seen as a part of its transition to a sustainable future.[10] Eneti’s Board of Directors authorized the company to sell its remaining dry bulk vessels during 2021.[11]
The company signed shipbuilding contract with Daewoo Shipbuilding and Marine Engineering for the construction of two next generation wind turbine installation vessel to be delivered in 2024 and 2025.[12][13]
References
- ↑ "Scorpio Bulkers to Change Name to Eneti" (in en). 2021-01-08. https://www.maritimeprofessional.com/news/scorpio-bulkers-change-name-eneti-364289.
- ↑ 2.0 2.1 "History | Eneti". https://www.eneti-inc.com/about-eneti/who-we-are/history/.
- ↑ Doorn, Philip van. "A little-recognized January catalyst could resurface big gains for these submerged stocks" (in en-US). https://www.marketwatch.com/story/heres-a-real-contrarian-stock-play-to-take-advantage-of-other-investors-fear-2019-08-07.
- ↑ "Cadeler A/S (OB:CADLR) completed the acquisition of Eneti Inc.." (in en). MarketScreener. https://uk.marketscreener.com/quote/stock/CADELER-A-S-115847636/news/Cadeler-A-S-OB-CADLR-completed-the-acquisition-of-Eneti-Inc--45654215/.
- ↑ "Scorpio Bulkers Changes Name to Eneti in Transition to Offshore Energy" (in en). https://www.maritime-executive.com/article/scorpio-bulkers-changes-name-to-eneti-in-transition-to-offshore-energy.
- ↑ "Scorpio Bulkers: Renewables highly compelling market for our future" (in en-US). 2020-08-06. https://www.offshore-energy.biz/scorpio-bulkers-renewables-highly-compelling-market-for-our-future/.
- ↑ "Former Scorpio Bulkers lost more than USD 600 million in 2020 after exit from dry bulk" (in en). 2021-03-09. https://shippingwatch.com/article12817161.ece.
- ↑ "Star Bulk Takes on Seven Ships From Scorpio Bulkers". https://shipandbunker.com/news/world/350074-star-bulk-takes-on-seven-ships-from-scorpio-bulkers.
- ↑ "Scorpio Bulkers to change its name to Eneti" (in En). https://www.rivieramm.com/news-content-hub/news-content-hub/scorpio-bulkers-to-change-its-name-to-eneti-62641.
- ↑ "Scorpio Bulkers: Farewell to dry bulk & welcome to offshore wind" (in en-US). 2020-12-21. https://www.offshore-energy.biz/scorpio-bulkers-farewell-to-dry-bulk-welcome-to-offshore-wind/.
- ↑ "Scorpio Bulkers moves ahead with offshore wind plans". https://www.4coffshore.com/news/scorpio-bulkers-moves-ahead-with-offshore-wind-plans-nid20713.html.
- ↑ "Scorpio Bulkers переходит в оффшорную энергетику и меняет название на Eneti Inc." (in ru-RU). 2021-01-08. https://usm.media/scorpio-bulkers-perehodit-v-offshornuyu-energetiku-i-menyaet-nazvanie-na-eneti-inc/.
- ↑ Foxwell, David (12 May 2021). "Eneti confirms newbuild order and plan to construct Jones Act vessel for US market" (in En). https://www.rivieramm.com/news-content-hub/eneti-confirms-newbuild-order-and-plan-to-construct-jones-act-vessel-for-us-market-65467.
External links
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