Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale by Ship & Bunker News Team Tuesday December 22, 2020 Scorpio Bulkers today said it will sell its 25 remaining vessels and exit the dry bulk sector in favour of a focus on renewables. The firm is also looking for shareholders' approval to change its name to reflect its "transition to a sustainable future." Scorpio says the proposed new name of the company will be announced on or before January 8, 2021. Writing on the Wall? Emanuele Lauro telling Reuters in September the firm would invest between $265 to $290 million in offshore wind farm installation vessels.