Scorpio Bulkers Gets Work for SBI Hera

Scorpio Bulkers Inc, shipping company, owns and operates dry bulk carriers,  announced that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Hera, one of its Ultramax drybulk carriers.

According to a press release from the provider of marine transportation of dry bulk commodities, the charter is for a period of between four and six months at a rate of $14,850 per day.

Recently, it has entered into a time charter-out agreement with an unaffiliated third party for SBI Libra, one of its Ultramax drybulk carriers, for a period of between five and seven months at a rate of $15,250 per day.

Two months ago, Scorpio Bulkers announced that time charter-out agreements have been entered into for seven of its Ultramax vessels and four of its Kamsarmax vessels.  

Scorpio Bulkers  has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels), and one time chartered-in Ultramax vessel.

The Company’s owned and finance leased fleet has a total carrying capacity of approximately 3.9 million dwt and all of the Company’s owned vessels have carrying capacities of greater than 60,000 dwt.