Scorpio Bulkers Charters Out Newbuild Bulker

Dry bulk marine transport provider Scorpio Bulkers Inc. announced today that it has agreed to time charter-out the SBI Montesino, a Capesize vessel that is currently under construction in South Korea with delivery expected in July, 2015.

Upon delivery from the shipyard, the vessel will be chartered-out to a major European charterer for 4-7 months at $14,500 per day.