Scorpio Bulkers is continuing its fleet sell-off at a rapid pace, this time dealing an ultramax controlled under a sale-leaseback arrangement with Oslo-listed Ocean Yield.
Emanuele Lauro-led Scorpio said on Monday that it had sold the 64,000-dwt SBI Libra (built 2017) for about $18.65m. As is its practice, Scorpio did not identify the buyer.
Ocean Yield said in a corresponding statement that it would receive proceeds of about $20m from the sale and record a small book profit.
