Eneti Closer To Clearing Off Its Entire Fleet

Monaco’s Eneti has sold two more ultramaxes as it moves close to completing its fleet selloff, says a press release published on Globenewswire.

Vessel sale details

Eneti formerly known as Scorpio Bulkers, has sold the 2015-built SBI Cronos and 2016-built SBI Achilles for around $39.75m in total. 

The vessels were financed by Ocean Yield, who says they will receive $38m from Eneti exercising its option to sell the vessels to a third party.

Delivery of the vessels is planned for the second quarter of...


Addition Of Ultramax Vessel By Pacific Basin

Pacific Basin has added another ultramax to its fleet according to brokers, says an article published in Splash247.

The Ultramax Vessel

The Hong Kong shipowner has been named by Intermodal and Advanced Shipping & Trading as the buyer of Oshima-built (2011) ultramax Ultra Wollongong. The vessel has been reported as sold by Japan’s Kasuga Shipping for $13.8m, below its $14.32m market value according to VesselsValue.

Company’s Incorporation

Pacific Basin is expecting four ultramaxes to deliver into...


Eneti Sells 5 Ultramaxes for US $88m

Eneti (formerly Scorpio Bulkers) has sold five of its dry cargo vessels for approximately US$88 million, says an article published in Baird Maritime.

About the sale

The objects of the transactions are the Ultramax vessels SBI Thalia (pictured), SBI Athena, SBI Perseus, SBI Pisces, and SBI Hercules. All five vessels were built in China between 2015 and 2016.

Delivery to the new owner is expected to take place in the second quarter of 2021.

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