Scorpio Bulkers said it will launch a fund-raising drive that could see a Lolli-Ghetti family entity and company directors invest.

The New York-listed bulker owner, which is a public arm of the Lolli-Ghetti family's Scorpio group, said it will issue 21 million shares in a public offering.

Scorpio Bulkers said private affiliate Scorpio Services and some board members have "expressed an interest" in spending $15m on new shares.

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