Scorpio Bulkers Sells Non-scrubber Kamsarmax Vessel for $18.5m

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Scorpio Bulkers announces the sale of a second kamsarmax bulker by the Emanuele Lauro led company, says an article published in Splash 247.

Second vessel sale

Monaco’s Scorpio Bulkers has announced the sale of a kamsarmax bulker. This is the second vessel sold by the Emanuele Lauro led company in under a week.

Vessel and sale value details

Scorpio has sold the 2016-built SBI Sousta for around $18.5m, substantially less than the $19.36m value placed on the vessel by VesselsValue. Scorpio says the sale will save it around $1m in budgeted drydocking costs.

Non-scrubber fitted vessel

The vessel, which has not been fitted with a scrubber, is set to generate around $5.2m of liquidity for Scorpio once the deal is completed. Delivery is scheduled later this quarter.

Last week, Scorpio Bulkers announced an agreement to sell 2016-built kamsarmax bulker SBI Rock for a little over $18m.

For more information read our article Scorpio Bulkers Announces Its $18m Vessel Sale Deal

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Source: Splash 247