Scorpio Bulkers announces time charter-out agreements

Scorpio Bulkers Inc. announced that time charter-out agreements have been entered into for seven of its Ultramax vessels and four of its Kamsarmax vessels. Certain information regarding these time charter-out agreements is set out below.
 

 
About Scorpio Bulkers Inc.
Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. 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.