Scorpio Bulkers Inc (SALT) - NYSE
  • Nov. 25, 2015, 4:51 PM
    • Scorpio (NYSE:SALT) is selling two Capesize dry bulk vessels and four newbuilding Capesize dry bulk vessels under construction for $227M.
    • Two of the vessels were delivered to Scorpio this year. One is expected to be delivered in Q4, and three in Q1 2016.
    • SALT +2.4% after hours to $0.89. The dry bulk shipper had $274M in cash at the end of September, and $328M in bank loans, and $74M in senior notes.
    | Nov. 25, 2015, 4:51 PM | 3 Comments
Company Description
Scorpio Bulkers, Inc. engages in the provision of ocean transportation of dry bulk cargoes worldwide through the ownership and operation of dry bulk carrier vessels. It operates through the following segments: Ultramax Vessels, Kamsarmax Vessels, and Capesize Vessels. The company was founded by... More
Sector: Services
Industry: Shipping
Country: United States