Search results for: Scorpio Bulkers

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  • 18 April 2017
    Business & Finance

    NYSE-listed dry bulk owner and operator Scorpio Bulkers has entered into agreements to sell its two 2014-built Kamsarmax vessels SBI Cakewalk and SBI Charleston. Under the deal reached with unaffiliated third parties, the ships will be sold for some USD 45 million in total. Featuring 81,600 dwt, the ships, which were built by Chinese Jiangnan […]

  • 20 October 2017
    Business & Finance

    Monaco-based owner and operator of dry bulk carriers Scorpio Bulkers has entered into a financing transaction regarding the company’s Kamsarmax vessel with an undisclosed party in Japan. As part of the transaction, the company will sell the 2015-built ship, SBI Rumba, for around USD 19.6 million. Following this, Scorpio Bulkers will lease the 84,900 dwt […]

  • 25 October 2017
    Business & Finance

    Dry bulk shipping company Scorpio Bulkers has determined not to proceed with its announced underwritten public offering of 10 million shares of common stock, just a day after announcing the move. The decision was made due to the unsatisfactory price offered to the company, Scorpio Bulkers said. Scorpio was targeting to sell 10 million shares […]

  • 3 December 2018
    Business & Finance

    Scorpio Bulkers has entered into an agreement to buy scrubbers for a total of 28 vessels.

  • 10 October 2013
    Business & Finance

    Scorpio Bulkers Inc. announced recently that it has entered into various agreements for the purchase of eleven Ultramax dry bulk vessels of 60,000 DWT to 64,000 DWT and four Kamsarmax dry bulk vessels of 81,000 DWT to 84,000 DWT from yards in Japan and China, as listed below: The total purchase price for the announced […]

  • 7 November 2017
    Business & Finance

    Monaco-based dry bulk shipping company Scorpio Bulkers has entered into two separate agreements with unnamed parties to acquire one Kamsarmax and three Ultramax dry bulk vessels. As informed, the ships will be bought for USD 90 million, of which USD 77.1 million is payable in cash and the remaining consideration is in the form of approximately […]

  • 8 April 2019
    Business & Finance

    Ocean Yield is to acquire two Ultramax dry bulk vessels for USD 42 million net of a seller’s credit.

  • 1 April 2019
    Business & Finance

    Scorpio Bulkers agreed an increase of USD 41 million in existing credit facilities to fund scrubber installations.

  • 3 October 2016
    Business & Finance

    NYSE-listed dry bulk owner and operator Scorpio Bulkers has reached agreements with shipyards to reduce the price to be paid under the shipbuilding contracts of four Kamsarmax vessels and two Ultramax vessels by an aggregate of USD 13 million. The bulk carriers in question were scheduled for delivery between the third quarter and the fourth quarter of 2016, […]

  • 4 June 2015
    Business & Finance

    NYSE-listed dry bulk shipping company Scorpio Bulkers resold five more of its newbuildings currently under construction in China and Romania for a combined price of USD 236 million. Scorpio Bulkers agreed to sell three Capesize dry bulkers and two LR2 product tanker newbuildings. The Capesize vessels are currently being constructed in China, and have expected delivery dates between the […]

  • 4 December 2017
    Business & Finance

    Monaco-based shipping company Scorpio Bulkers has received a commitment for a loan facility to finance a part of the market value of the three Ultramax dry bulk vessels it recently agreed to acquire. Secured from an undisclosed European financial institution, the loan facility is for an amount of up to USD 38.7 million. It will […]

  • 13 February 2020
    Business & Finance

    Scorpio Bulkers has decided to sell and leaseback three vessels to Ocean Yield.

  • 4 April 2016
    Business & Finance

    NYSE-listed dry bulk owner and operator Scorpio Bulkers has reached an agreement to decrease its newbuilding orders by cancelling a shipbuilding contract for a Kamsarmax bulk carrier. The company said that it has been released of any and all obligations and rights arising out of the shipbuilding contract, including the final installment of USD 19.3 million. […]

  • 11 March 2019
    Business & Finance

    Scorpio Bulkers entered into agreements to sell two Kamsarmax vessels.

  • 25 April 2017
    Business & Finance

    NYSE-listed dry bulk owner and operator Scorpio Bulkers has entered into an agreement with an unrelated third party to time charter-in one Ultramax vessel. Under the deal, the vessel will be chartered for a period of two years at around USD 10,125 per day with an option to extend the agreement for one year at USD […]

  • 22 February 2019
    Business & Finance

    Scorpio Bulkers agreed a financing deal related to one of its Kamsarmax vessels.

  • 21 May 2019
    Business & Finance

    Ocean Yield ASA takes delivery of two 2017-built Ultramax dry bulk vessels.

  • 11 March 2020
    Business & Finance

    Scorpio Bulkers has entered into agreements to sell three bulker vessels.

  • 14 September 2017
    Business & Finance

    NYSE-listed dry bulk shipping company Scorpio Bulkers has received a nod from its Board of Directors to repurchase up to USD 50 million of its common stock. The shares would be repurchased in open market or through privately negotiated transactions. “The specific timing and amounts of the repurchases, will be in the sole discretion of management and […]

  • 16 June 2016
    Business & Finance

    NYSE-listed owner and operator of dry bulk vessels Scorpio Bulkers is looking to tap into USD 61 million as it priced its previously announced underwritten public offering of 20 million shares of common stock at USD 3.05 per share. The offering is expected to close on June 20, 2016, according to the company’s release. The net proceeds […]

  • 26 November 2018
    Business & Finance

    Scorpio Bulkers has reached an agreement to charter out one of its Ultramax drybulk carriers.

  • 28 April 2015
    Business & Finance

    Owner and operator of bulk carriers Scorpio Bulkers Inc. has resumed the sell-off of its newbuiling orders as it moves to cut expanses. Scorpio said that it has entered into agreements to sell two Capesize newbuilding dry bulk vessels and an Ultramax newbuilding dry bulk vessel for approximately USD 111 million in aggregate. The Capesize vessels […]