Scorpio Bulkers sells two bulk carriers

Scorpio Bulkers Inc, which has its principal executive office in Monaco, announced on Tuesday, April 18, 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 (€42) million in total.

Scorpio Bulkers Inc is a provider of marine transportation of dry bulk commodities. Upon completion of the 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.

Scorpio Bulkers was incorporated in the Republic of the Marshall Islands on March 20, 2013.



Monaco marine transporter reports better year


Bermudian insurance business receives Monaco licence