Scorpio Bulkers Sells 6 Vessels for $227 Million

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Scorpio Bulkers announced that the Company has entered into agreements with unaffiliated third parties to sell two Capesize dry bulk vessels and four newbuilding Capesize dry bulk vessels under construction for approximately $227 million.

Two of the Capesize vessels were constructed in China and delivered to the Company in 2015. Of the remaining vessels currently under construction, one is under construction in China and expected to be delivered in the fourth quarter of 2015 and the other three are under construction in Korea and are expected to be delivered in the first quarter of 2016.

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