Eneti Inc. (NETI) 2014年年度报告「NYSE」.pdf

1、2014ANNUAL REPORTScorpio Bulkers Inc.is a provider of marine transportation of dry bulk commodities.As of April 1,2015,Scorpio Bulkers Inc.owns eight vessels,consisting of one Capesize,three Kamsarmax vessels and four Ultramax vessels.The Company also time charters-in 13 dry bulk vessels(consisting

2、of one Handymax,one Ultramax,three Supramax,two Panamax,three Kamsarmax and three Post-Panamax vessels)and has contracted for 63 dry bulk vessels consisting of 25 Ultramax,20 Kamsarmax(including one vessel held for sale)and 18 Capesize vessels,from shipyards in Japan,South Korea,China and Romania.Th

3、e Company has also contracted for nine product tankers that are classified as held for sale,including six LR2s and three LR1s from shipyards in South Korea and Romania.Upon final delivery of all of the vessels the owned fleet is expected to have a total carrying capacity of approximately 7.0 million

4、 deadweight tonnes.Scorpio Bulkers Inc.is incorporated in the Republic of the Marshall Islands and has its principal offices in Monaco and New York.Scorpio Bulkers is listed on the New York Stock Exchange(NYSE)under the symbol SALT.ABOUT US In last years letter,written shortly after our initial publ

5、ic offering in December 2013,I expressed optimism for the improving fun-damentals for dry bulk shipping.At that time the Company was ambitiously positioned to capture an anticipated improvement in the freight markets.Unfortunately,I was wrong.The freight market has been rather disap-pointing and def

6、initely performing below our expectations,and we have experienced a tough rate environment in 2014 which is persisting into 2015.We largely attribute the low freight markets to an oversupply of vessels in the face of lower than expected economic growth in China and consequentially lower volumes of c