Ocean Yield ASA (Ocean Yield) announced yesterday that it has taken delivery of the 2017 built Ultramax dry bulk vessels SBI Libra and SBI Virgo.

Ocean Yield takes delivery of two modern Ultramax dry bulk vessels with 11-year charters
Caption: Bulk carrier SBI Libra - Image courtesy of miranda reiffers te loo

Upon delivery, the vessels commenced 11 years' bareboat charter to Scorpio Bulkers Inc.

Ocean Yield has further committed to part finance the installation of scrubbers on both vessels, which is expected in early 2020.

Scorpio Bulkers is a leading international provider of marine transportation of dry bulk commodities that currently owns and operates a fleet of 57 modern dry bulk vessels, specifically Ultramax and Kamsarmax vessels.

Scorpio Bulkers is a publicly listed company and trades on the New York Stock Exchange under the ticker "SALT".

Source: Ocean Yield