Scorpio bulker sell-off passes $100m mark as another ultramax sold

Fresh from announcing the sale of two ultramaxes, Emanuel Lauro’s Scorpio Bulkers has announced the sale of another ultramax overnight. Scorpio has sold the 2016-built to an unaffiliated third party for around $18.5m, significantly lower than the $19.45m valuation by VesselsValue. Delivery of the vessel is scheduled for this quarter, and the vessel is due …

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