Clarksons Platou Securities lifted its expectations for Scorpio Bulkers

Clarksons Platou Securities which operates as investment banking arm of shipbroking giant Clarksons Platou lifted its expectations for for New York-listed dry bulk shipowner and operator Scorpio Bulkers. Clarksons Platou Securities said Scorpio Bulkers in a position of strength to ride an upswing in dry bulk market and has “long-term potential”. Robert led Scorpio Bulkers has modest leverage, plenty of liquidity and a nearly fully-delivered orderbook. Clarksons Platou Securities estimates that Scorpio Bulkers shares will be $10 soon.