Scorpio Bulkers, Inc. (NYSE: SALT) аnnounced yesterday that it has entered into time charter-out agreements for two Ultramax vessels and one Kamsarmax vessel.
Time Charter-Out Agreements
| Vessel | Type | Duration | Earliest Redelivery Date |
Rate |
| SBI Leo | Ultramax | Min 5 - Max 7 months | 04/06/2017 | $9,000 |
| SBI Cakewalk | Kamsarmax | Min 5 - Max 8 months | 03/31/2017 | $9,000 |
| SBI Achilles | Ultramax | Min 6 - Max 8 months | 05/23/2017 | $11,000 |
Bulk carrier SBI LEO - Image courtesy: John O Neill/Shipspotting
Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. The Company currently owns 41 vessels, consisting of 15 Kamsarmax vessels and 26 Ultramax vessels.
Scorpio Bulkers Inc. also time charters-in two dry bulk vessels (consisting of one Panamax and one Kamsarmax vessel) and has contracted for seven dry bulk vessels consisting of five Kamsarmax vessels and two Ultramax vessels, from shipyards in China. Upon final delivery of all of the vessels the owned fleet is expected to have a total carrying capacity of approximately 3.4 million deadweight tonnes.
Source: Scorpio Bulkers