Benzinga | Nov 30, 2020 08:39AM EST

Scorpio Bulkers Inc. Announces Sale Of An Ultramax Vessel For ~$16M

MONACO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE:SALT) (the "Company") announced today that the Company has entered into an agreement with an unaffiliated third party to sell the SBI Gemini, an Ultramax bulk carrier built in 2015, for approximately $16 million. Delivery of the vessel is expected to take place in the first quarter of 2021.