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Scorpio Bulkers Inc (SALT.N)

SALT.N on New York Stock Exchange

4.77USD
18 Apr 2019
Change (% chg)

$-0.03 (-0.62%)
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Latest Key Developments (Source: Significant Developments)

Scorpio Bulkers Inc Announces Agreements To Increase Existing Credit Facilities By $41 Million To Finance Exhaust Gas Cleaning Systems
Monday, 1 Apr 2019 

April 1 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES AGREEMENTS TO INCREASE EXISTING CREDIT FACILITIES BY $41 MILLION TO FINANCE EXHAUST GAS CLEANING SYSTEMS.SCORPIO BULKERS INC - TO INCREASE CERTAIN EXISTING CREDIT FACILITIES TO FINANCE INSTALLATION OF EXHAUST GAS CLEANING SYSTEMS ON CERTAIN OF ITS VESSELS.  Full Article

Scorpio Bulkers Announces Sale Of Two Kamsarmax Vessels For $48 Mln
Monday, 11 Mar 2019 

March 11 (Reuters) - Scorpio Bulkers Inc ::PRESS RELEASE - SCORPIO BULKERS INC. ANNOUNCES THE SALE OF TWO KAMSARMAX VESSELS FOR $48 MILLION AND UPDATES TO THE FIRST QUARTER OF 2019 TCE RATES.SCORPIO BULKERS INC - DELIVERY OF VESSELS IS ESTIMATED TO TAKE PLACE IN Q2 OF 2019..SCORPIO BULKERS INC - ESTIMATED THAT COMPANY'S LIQUIDITY WILL INCREASE BY APPROXIMATELY $18.6 MILLION AFTER REPAYMENT OF VESSELS' OUTSTANDING DEBT..  Full Article

Scorpio Bulkers Inc. Announces Q3 GAAP Loss Per Share $0.01
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Scorpio Bulkers Inc ::. ANNOUNCES FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2018 AND DECLARES A QUARTERLY DIVIDEND.Q3 GAAP LOSS PER SHARE $0.01.Q3 EARNINGS PER SHARE VIEW $0.03 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $62.5 MILLION VERSUS I/B/E/S VIEW $63.3 MILLION.BOARD OF DIRECTORS AUTHORIZED A NEW SHARE REPURCHASE PROGRAM TO PURCHASE UP TO AN AGGREGATE OF $50.0 MILLION OF COMMON SHARES.ON OCTOBER 12, 2018, COMPANY INVESTED $100.0 MILLION IN A RELATED PARTY, SCORPIO TANKERS INC..INVESTMENT FOR APPROXIMATELY 54.1 MILLION, OR 10.9%, OF SCORPIO TANKERS' ISSUED AND OUTSTANDING COMMON SHARES.  Full Article

Scorpio Bulkers Announces Commitment For New Loan Facility
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - RECEIVED A COMMITMENT FROM NORDEA BANK ABP FOR A LOAN FACILITY OF UP TO $90.0 MILLION.SCORPIO BULKERS INC - LOAN FACILITY WILL BE USED TO FINANCE UP TO 60% OF FAIR MARKET VALUE OF SIX ULTRAMAX DRY BULK VESSELS.SCORPIO BULKERS INC - LOAN FACILITY, WHICH IS EXPECTED TO CLOSE WITHIN OCTOBER 2018.SCORPIO BULKERS INC - LOAN FACILITY WOULD INCREASE CO'S LIQUIDITY BY ABOUT $28.0 MILLION AFTER REPAYMENT OF VESSELS' EXISTING DEBT.  Full Article

Scorpio Bulkers Inc. Announces Commitment For New Loan Facility
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - RECEIVED A COMMITMENT FOR A LOAN FACILITY OF UP TO $184.0 MILLION.SCORPIO BULKERS INC - LOAN FACILITY WILL BE COMPRISED OF A TERM LOAN UP TO $104.0 MILLION AND A REVOLVER UP TO $80.0 MILLION.SCORPIO BULKERS - LOAN FACILITY HAS FINAL MATURITY DATE OF 5 YEARS FROM SIGNING DATE AND BEARS INTEREST AT LIBOR PLUS A MARGIN OF 2.40%/ANNUM.  Full Article

Scorpio Bulkers Announces Commitment For New Loan Facility
Friday, 27 Jul 2018 

July 26 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - LOAN FACILITY HAS A FINAL MATURITY DATE OF FIVE YEARS FROM DRAWDOWN DATE.SCORPIO BULKERS - CO HAS RECEIVED A COMMITMENT FROM ABN AMRO BANK N.V. AND NORDDEUTSCHE LANDESBANK GIROZENTRALE FOR A LOAN FACILITY OF UP TO $60 MILLION.SCORPIO BULKERS - LOAN FACILITY TO BE USED TO FINANCE UP TO 60% OF FAIR MARKET VALUE OF 2 ULTRAMAX DRY BULK VESSELS, 2 KAMSARMAX DRY BULK VESSELS.  Full Article

Scorpio Bulkers Q2 Gaap Earnings Per Share $0.01
Monday, 23 Jul 2018 

July 23 (Reuters) - Scorpio Bulkers Inc ::ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2018 AND DECLARES A QUARTERLY DIVIDEND.Q2 GAAP EARNINGS PER SHARE $0.01.Q2 EARNINGS PER SHARE VIEW $0.03 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $60.6 MILLION VERSUS I/B/E/S VIEW $60.8 MILLION.TCE REVENUE FOR QUARTER WAS $60.5 MILLION, INCREASE OF $22.9 MILLION FROM Q2 2017.  Full Article

Scorpio Bulkers Announces The Refinancing Of An Ultramax Vessel
Tuesday, 10 Jul 2018 

July 9 (Reuters) - Scorpio Bulkers Inc ::. ANNOUNCES THE REFINANCING OF AN ULTRAMAX VESSEL.COMPANY WILL SELL A 2015 JAPANESE BUILT ULTRAMAX DRY BULK VESSEL, SBI ECHO, FOR A CONSIDERATION OF $19.0 MILLION.ENTERED INTO A FINANCING TRANSACTION IN RESPECT OF ONE OF COMPANY'S ULTRAMAX VESSELS WITH AN UNAFFILIATED THIRD PARTY.SCORPIO BULKERS- THIS TRANSACTION, INCREASES COMPANY'S LIQUIDITY BY APPROXIMATELY $7.9 MILLION AFTER REPAYMENT OF VESSEL'S EXISTING LOAN.DEAL PROVIDES CO WITH OPTIONS TO REPURCHASE VESSEL BEGINNING ON THIRD ANNIVERSARY OF SALE UNTIL END OF BAREBOAT CHARTER AGREEMENT.  Full Article

Scorpio Bulkers Announces Refinancing Of An Ultramax Vessel
Wednesday, 18 Apr 2018 

April 17 (Reuters) - Scorpio Bulkers Inc ::ANNOUNCES THE REFINANCING OF AN ULTRAMAX VESSEL.ENTERED INTO A FINANCING TRANSACTION IN RESPECT OF ONE OF COMPANY'S ULTRAMAX VESSELS WITH AN UNAFFILIATED THIRD PARTY IN JAPAN.WILL SELL A 2015 JAPANESE BUILT ULTRAMAX DRY BULK VESSEL, SBI TANGO, FOR A CONSIDERATION OF $19.0 MILLION.THIS TRANSACTION INCREASES COMPANY'S LIQUIDITY BY APPROXIMATELY $10.3 MILLION AFTER REPAYMENT OF VESSEL'S EXISTING LOAN.  Full Article

Scorpio Bulkers Announces A Commitment For A New Loan Facility And The Agreement To Modify A Contract To Acquire A Single Ultramax Vessel
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY AND THE AGREEMENT TO MODIFY A CONTRACT TO ACQUIRE A SINGLE ULTRAMAX VESSEL.SCORPIO BULKERS INC - ‍COMPANY HAS RECEIVED A COMMITMENT FROM A EUROPEAN FINANCIAL INSTITUTION FOR A LOAN FACILITY OF UP TO $38.7 MILLION​.SCORPIO BULKERS INC - ‍LOAN FACILITY TO BE USED TO FINANCE UP TO 60% OF MARKET VALUE OF 3 ULTRAMAX DRY BULK VESSELS CO HAS RECENTLY AGREED TO ACQUIRE​.SCORPIO BULKERS - AGREED TO MODIFY PREVIOUSLY ANNOUNCED CONTRACT WITH UNAFFILIATED THIRD PARTY TO ACQUIRE 2015 CHINESE BUILT ULTRAMAX DRY BULK VESSEL​.SCORPIO BULKERS INC - ‍WILL NOW INCLUDE IN TOTAL CONSIDERATION FOR 2015 CHINESE BUILT ULTRAMAX DRY BULK VESSEL ​910,802 COMMON SHARES OF CO.  Full Article