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Scorpio Bulkers Inc. (NYSE: SALT) has announced the sale of the SBI Aries, an Ultramax bulk carrier, for approximately $16.5 million, with delivery expected in Q1 2021. This sale is part of a broader strategy, as the company has sold eight vessels and plans to sell sixteen more, streamlining its fleet to 30 vessels. The company is also investing in wind turbine installation vessels, with a shipbuilding contract to be signed for a delivery in 2023. This strategic shift aims to enhance operational efficiency and align with future market demands.
Scorpio Bulkers Inc. (NYSE: SALT) has announced the sale of the SBI Zumba, a Kamsarmax bulk carrier built in 2016, for approximately $20 million. The delivery is expected in the first quarter of 2021. This transaction is part of a larger strategy where the company has sold eight vessels and has contracts to sell fifteen more, anticipated to close in the first half of 2021. Following these sales, Scorpio Bulkers will operate a fleet of 31 vessels with substantial carrying capacity, and plans to build a wind turbine installation vessel.
Scorpio Bulkers Inc. (NYSE: SALT) has agreed to sell the SBI Orion, an Ultramax bulk carrier built in 2015, for approximately $16.1 million. The transaction is expected to close in the first quarter of 2021. This sale is part of a broader strategy, as the Company has recently sold eight vessels and contracted to sell fourteen additional vessels, aiming to streamline its fleet to 32 vessels. The Company also plans to build a wind turbine installation vessel for delivery in 2023.
Scorpio Bulkers Inc. (NYSE: SALT) has announced the sale of the SBI Tethys, an Ultramax bulk carrier built in 2016, for approximately $18.25 million, with delivery expected in Q1 2021. This transaction is part of a larger strategy, as the company has recently sold eight vessels and has contracts to sell thirteen more in the first half of 2021. The operating fleet will consist of 33 vessels after these sales, and the company is also pursuing a contract to build a wind turbine installation vessel, indicating a shift towards renewable energy services.
Scorpio Bulkers Inc. (NYSE: SALT) has agreed to sell two Ultramax bulk carriers, SBI Poseidon and SBI Apollo, for approximately $38.4 million. Delivery is anticipated in Q1 2021. This sale is part of a broader strategy where the company has sold seven vessels and has contracts for thirteen more. After completing these transactions, the fleet will consist of 34 vessels with a total carrying capacity of about 1.9 million dwt, including a new wind turbine installation vessel contract expected for 2023.
Scorpio Bulkers Inc. (NYSE: SALT) has agreed to sell the SBI Gemini, a 2015-built Ultramax bulk carrier, for approximately $16 million, with delivery expected in Q1 2021. This sale is part of a broader strategy, as the company has recently sold six vessels and contracted to sell twelve more, which will further streamline its fleet to 36 vessels with a total carrying capacity of about 2.1 million dwt. Additionally, Scorpio Bulkers plans to build a wind turbine installation vessel with Daewoo Shipbuilding, indicating a shift towards renewable energy services.
Scorpio Bulkers (NYSE: SALT) announced the sale of four Ultramax bulk carriers for approximately $67 million. The vessels, built in 2015, are expected to be delivered in Q1 2021, pending approval from financiers. This sale is part of a larger strategy where Scorpio has sold six vessels and plans to sell eleven more, with two expected to close in Q4 2020 and nine in H1 2021. Following these transactions, the company will operate a fleet of 37 vessels, including 32 dry bulk vessels and five time-chartered vessels.
Scorpio Bulkers (NYSE: SALT) has announced the sale of five Kamsarmax bulk carriers for approximately $101.5 million, expected to close in the first half of 2021. The vessels include SBI Parapara, SBI Jive, SBI Swing, SBI Mazurka (built in 2017), and SBI Reggae (built in 2016). Following these transactions, the company's fleet will consist of 41 vessels, primarily focusing on dry bulk transportation.
Additionally, Scorpio Bulkers aims to diversify by entering the wind turbine installation market with a planned vessel delivery set for 2023.
Scorpio Bulkers (NYSE: SALT) announced the purchase of 40,000 common shares by Scorpio Services Holding Limited at an average price of $10.84 per share. Following this transaction, SSH and its affiliates hold 3,107,751 shares, representing 25.09% of the total 12,386,880 shares outstanding. The company, focused on marine transportation of dry bulk commodities, is transitioning toward wind turbine installation vessels, with agreements to sell eight vessels, enhancing its operational fleet to 46. Significant efforts are underway to build a new ship by 2023.
Scorpio Bulkers (NYSE: SALT) announced that Scorpio Services Holding Limited purchased 85,000 common shares at an average price of $10.94 per share. Scorpio Services now holds 24.77% of the company's 12,386,880 outstanding shares. The company has sold two vessels and has contracts to sell six more by Q4 2020. Post-sale, the operating fleet will consist of 46 vessels, including 41 owned drybulk vessels and five time chartered-in vessels. Scorpio Bulkers is also planning to construct a wind turbine installation vessel by 2023.
