Scorpio Bulkers Sells Three Vessels

 

The two capes are currently under construction in China and in South Korea, and will be delivered between Q3 2015 and Q2 2016. 

 

The ultramax bulk carrier is being built in China and will be delivered within the first three months of 2016, Scorpio says.

 

Last week Scorpio Bulkers announced it was selling seven newbuildings for $290m including three LR1 product tankers it had previously converted from orders for capesize bulkers.

 

Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. currently owns eight vessels, consisting of one Capesize, three Kamsarmax vessels and four Ultramax vessels. 

 

The Company also time charters-in 13 dry bulk vessels (one Handymax, one Ultramax, three Supramax, two Panamax, three Kamsarmax and three Post-Panamax vessels) and has contracted for 56 dry bulk vessels consisting of 24 Ultramax, 19 Kamsarmax (including one vessel held for sale), and 13 Capesize vessels, from shipyards in Japan, South Korea, and China.