Scorpio Bulkers Inc. (NYSE:SALT) (Scorpio Bulkers) announced today that it has entered into agreements with unaffiliated third parties to sell the SBI Charleston and SBI Cakewalk, two 2014 built Kamsarmax vessels, for approximately $45.0 million in total.

Scorpio Bulkers Announces Sale of Two Kamsarmax Vessels For $45 Million

Bulk Carrier SBI Charleston - Image courtesy of Hartmut Ehlers

Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Upon completion of the above-mentioned sales, Scorpio Bulkers Inc. will own 46 vessels, consisting of 18 Kamsarmax vessels and 28 Ultramax vessels.

The Company also time charters-in one dry bulk Kamsarmax vessel. The owned fleet will have a total carrying capacity of approximately 3.2 million deadweight tonnes.


Bulk Carrier SBI Cakewalk - Image courtesy of Barwise Baxter

Source: Scorpio Bulkers