Scorpio Bulkers entered into an agreement with an unaffiliated third party to sell the SBI Zumba, a Kamsarmax bulk carrier built in 2016, for approximately $20 million. Delivery of the vessel is expected to take place in Q1/21.

Scorpio Bulkers is a provider of marine transportation of dry bulk commodities. The company recently sold eight vessels and has contracted to sell 15 additional vessels, all of which are expected to close in the first half of 2021. Upon the completion of the announced vessel sales, Scorpio Bulkers will have an operating fleet of 31 vessels consisting of 26 wholly-owned or finance-leased drybulk vessels (including seven Kamsarmax vessels and 19 Ultramax vessels), and five time chartered-in Kamsarmax vessels. In addition to its dry bulk fleet, the company signed a letter of intent to enter into a shipbuilding contract with Daewoo Shipbuilding and Marine Engineering to build a wind turbine installation vessel to be delivered in 2023, with options to build three further similar vessels. Scorpio Bulkers’ owned and finance-leased fleet will have a total carrying capacity of approximately 1.8 million dwt and all of the company’s owned and finance-leased vessels will have carrying capacities of greater than 60,000 dwt.