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Scorpio Bulkers sells two kamsarmax vessels

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Dry Bulk,

Scorpio Bulkers Inc. has entered into agreements with unaffiliated third parties to sell the SBI Charleston and SBI Cakewalk, two 2014 built kamsarmax vessels, for approximately US$45 million in total.

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

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