Scorpio Bulkers Inc. Announces Name Change to Eneti Inc. to be Effective February 8, 2021 MONACO, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company’s shareholders approved the change of the Company’s name to “Eneti Inc.” at the Company’s special meeting of shareholders held on February 3, 2021. The name change reflects the Company’s previously announced transition to a sustainable future. The change of name will take effect, and the Company’s common shares are expected to begin trading on the New York Stock Exchange under ...
Scorpio Bulkers Inc. Announces Financial Results for the Fourth Quarter of 2020, Declares a Quarterly Cash Dividend and Announces the Sale of Seven Vessels MONACO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (“Scorpio Bulkers” or the “Company”), today reported its results for the three months ended December 31, 2020. The Company also announced that on January 29, 2021 its Board of Directors declared a quarterly cash dividend of $0.05 per share on the Company’s common shares. Share and per share results included herein have been retroactively adjusted to refl...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel MONACO, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company has entered into an agreement with Eagle Bulk Shipping Inc. (“Eagle Bulk”) to sell SBI Virgo, an Ultramax bulk carrier built in 2017, for $15 million of cash and a warrant for 212,315 common shares of Eagle Bulk. Delivery of the vessel is expected to take place in the second quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away fro...
Scorpio Bulkers Inc. to Announce Fourth Quarter 2020 Results MONACO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) plans to announce fourth quarter 2020 financial results in a press release that will be issued before the market opens on Tuesday, February 2, 2021. A conference call to discuss the Company’s results will be held at 9:00 AM Eastern Standard Time / 3:00 PM Central European Time on February 2, 2021. Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the...
Scorpio Bulkers Inc. Announces the Sale of Ultramax Vessels MONACO, Jan. 19, 2021 (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 Leo and SBI Lyra, Ultramax bulk carriers built in 2015, for approximately $35 million in aggregate. Delivery of the vessels is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away from the business of dry bulk commodity...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel MONACO, Jan. 11, 2021 (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 Libra, an Ultramax bulk carrier built in 2017, for approximately $18.65 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away from the business of dry bulk commodity transportation an...
Scorpio Bulkers Inc. Announces the Sale of a Kamsarmax Vessel MONACO, Jan. 07, 2021 (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 Lynx, a Kamsarmax bulk carrier built in 2018, for approximately $22.25 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away from the business of dry bulk commodity transportation and...
Scorpio Bulkers Inc. Announces Intention to Change Its Name to Eneti Inc. MONACO, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company intends to change its name to Eneti Inc. The change of the Company’s name is subject to approval at an Extraordinary General Meeting to be held on February 3, 2021 for shareholders of record as of December 29, 2020. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away from the business of dry bulk commodity transportation and towards m...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel MONACO, Dec. 24, 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 Phoebe, an Ultramax bulk carrier built in 2016, for approximately $17.65 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc., a provider of marine transportation of dry bulk commodities announced its intention to exit the dry bulk sector durin...
Scorpio Bulkers Inc. Announces Purchase of Common Shares by Scorpio Services Holding Limited MONACO, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 117,000 common shares of the Company at an average price of $15.29 per share in the open market. The Company currently has 11,554,837 common shares outstanding, of which SSH and its affiliates own 3,224,751 or 27.91%. About Scorpio Bulkers Inc. Scorpio Bulkers Inc., a provider of marine transportation of dry...
Scorpio Bulkers Inc. Announces Exit from Dry Bulk Sector, Classifying Its Fleet as Held for Sale, Giving Notice to Terminate Agreements with Its Vessel Managers, and Intention to Change the Company Name MONACO, Dec. 20, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) today announced that following the recent sales of vessels by the Company, its Board of Directors has authorized the Company, as part of its transition to a sustainable future, to sell its remaining dry bulk vessels and exit the dry bulk sector during 2021. As a result of this decision, the Company...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel MONACO, Dec. 16, 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 Aries, an Ultramax bulk carrier built in 2015, for approximately $16.5 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in the next generation of wind turb...
Scorpio Bulkers Inc. Announces the Sale of a Kamsarmax Vessel MONACO, Dec. 10, 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 Zumba, a Kamsarmax bulk carrier built in 2016, for approximately $20 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in the next generation of wind turbine i...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel MONACO, Dec. 09, 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 Orion, an Ultramax bulk carrier built in 2015, for approximately $16.1 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in the next generation of wind turbine...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel MONACO, Dec. 08, 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 Tethys, an Ultramax bulk carrier built in 2016, for approximately $18.25 million. Delivery of the vessel is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in the next generation of wind turbin...
Scorpio Bulkers Inc. Announces the Sale of Ultramax Vessels MONACO, Dec. 01, 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 Poseidon and SBI Apollo, both Ultramax bulk carriers built in 2016, for approximately $38.4 million in aggregate. Delivery of the vessels is expected to take place in the first quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in th...
Scorpio Bulkers Inc. Announces the Sale of an Ultramax Vessel 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. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities, and is investing in the next generation of wind turbine i...
Scorpio Bulkers Inc. Announces the Sale of Ultramax Vessels MONACO, Nov. 27, 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 Bravo, SBI Antares, SBI Hydra, and SBI Maia, Ultramax bulk carriers built in 2015, for approximately $67 million in aggregate. Delivery of the vessels is expected to take place in the first quarter of 2021. The sales are subject to approval from existing financiers and the execution of definitive documentation. About Scorpio Bul...
Scorpio Bulkers Inc. Announces the Sale of Kamsarmax Vessels MONACO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company has entered into agreements with two unaffiliated third parties to sell the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a Kamsarmax bulk carrier built in 2016, for approximately $101.5 million in aggregate. Delivery of the vessels is expected to take place in the first half of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider...
Scorpio Bulkers Inc. Announces Purchase of Common Shares by Scorpio Services Holding Limited MONACO, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 40,000 common shares of the Company at an average price of $10.84 per share in the open market. The Company currently has 12,386,880 common shares outstanding, of which SSH and its affiliates own 3,107,751 or 25.09%. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bu...
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