Scorpio Bulkers Inc. has signed an agreement to sell two of its 2014 and 2015 built Ultramax vessels, said a press release published on their website.
Sale of Ultramax vesselsThe company has entered into agreements with an unaffiliated third party to sell the SBI Puma and SBI Cougar, 2014 and 2015 built Ultramax vessels, respectively, for approximately $37.9 million in aggregate, generating $16.0 million of additional liquidity.
As of June 30, 2019, these vessels were classified as held for sale,...
http://mfame.guru/scorpio-bulkers-announces-sale-of-its-ultramax-vessels-for-37-9-million/