Scorpio Bulkers Related Content

Eneti Sells 5 Ultramax Vessels for $88MM

Eneti entered into an agreement with an unaffiliated third party to sell the SBI Thalia, SBI Athena, SBI Perseus, SBI Pisces and SBI Hercules for approximately $88 million. read more

Scorpio Bulkers to Change Name to Eneti on Feb. 8

Scorpio Bulkers’ shareholders approved the change of the company’s name to “Eneti Inc.” at the company’s special meeting of shareholders held on Feb. 3, 2021. The name change reflects the company’s previously announced transition away from the dry bulk sector. read more

Scorpio Bulkers Sells 2 Ultramax Vessels

Scorpio Bulkers entered into an agreement with an unaffiliated third party to sell the SBI Leo and SBI Lyra, two Ultramax bulk carriers built in 2015, for approximately $35 million in aggregate. Delivery of the vessels is expected to take place in Q1/21. read more

Scorpio Bulkers Sells Ultramax Vessel for $17.65MM

Scorpio Bulkers entered into an agreement with an unaffiliated third party to sell the SBI Phoebe, an Ultramax bulk carrier built in 2016, for approximately $17.65 million. Delivery of the vessel is expected to take place in Q1/21. read more

Scorpio Bulkers to Exit Dry Bulk Sector in 2021

Scorpio Bulkers will sell its remaining dry bulk vessels and exit the dry bulk sector during 2021. As a result of this decision, Scorpio Bulkers expects to record a write-down ranging from $475 million to $500 million on vessels sold and classified as held for sale. read more

Scorpio Bulkers Sells Kamsarmax Vessel for $20MM

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. read more

Scorpio Bulkers Sells 4 Ultramax Vessels

Scorpio Bulkers entered into an agreement with an unaffiliated third party to sell the SBI Bravo, SBI Antares, SBI Hydra and SBI Maia for approximately $67 million in aggregate. These Ultramax bulk carriers were built in 2015. read more

Scorpio Bulkers Sells Ultramax Vessel for $17.5MM

Scorpio Bulkers entered into an agreement with an unaffiliated third party to sell the SBI Hyperion, an Ultramax bulk carrier built in 2016, for approximately $17.5 million. Delivery of the vessel is expected to take place in Q4/20. read more

Nordea, SEB to Provide $184MM Facility to Scorpio Bulkers

Scorpio Bulkers received a commitment from Nordea, New York branch, and Skandinaviska Enskilda Banken for a loan facility of up to $184 million. read more

Scorpio Bulkers Refinances Ultramax Vessel

Scorpio Bulkers entered into a financing transaction of one of its Ultramax vessels with an unaffiliated third party. read more

Scorpio Bulkers Gets $38.7MM Commitment to Finance Dry Bulk Vessels

Marine transportation company Scorpio Bulkers received a commitment from a leading European financial institution for a loan facility of up to $38.7 million to finance up to 60% of the market value of three Ultramax dry bulk vessels. read more

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Terry Mulreany
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