Scorpio Bulkers

SALT NYSE
4.240
-0.480
-10.17%
Closed 16:38 05/23 EDT
Open
4.640
Prev Close
4.720
High
4.646
Low
4.210
Volume
603.82K
Avg Vol (3M)
456.17K
52 Week High
7.80
52 Week Low
3.570
% Turnover
0.85%
Market Cap
301.96M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Scorpio Bulkers Inc. is a shipping company. The Company owns and operates newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 deadweight tons (dwt). The Company operates through two segments: Kamsarmax and Ultramax. Its Kamsarmax segment includes vessels ranging from approximately 77,500 DWT to 98,700 DWT. Its Ultramax segment includes vessels ranging from approximately 60,200 DWT to 64,000 DWT. All of its owned vessels have carrying capacities of greater than 60,000 dwt. Its vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes, and are employed primarily in the spot market or in spot market-oriented pools of similarly sized vessels. As of December 31, 2016, its operating fleet of 48 vessels consisted of 47 drybulk vessels and one chartered-in drybulk vessel. It also has a contract for the construction of one newbuilding drybulk vessel.
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