Upon completion, which is estimated to take place in the first quarter of 2020, the Company’s liquidity is expected to increase by up to $33.6 million after the repayment of outstanding debt. The Company will also be able to drawdown on an additional tranche of up to $4.5 million in aggregate for installation of exhaust gas cleaning systems (“scrubbers”) on the three vessels. As part of the agreements, the Company will bareboat charter-in the SBI Cronos for a period of nine years, the SBI Achilles for a period of ten years and the SBI Lynx for a period of twelve years.

Today we are going to look at Scorpio Bulkers Inc. (NYSE:SALT) to see whether it might be an attractive investment...

Q4 2019 Scorpio Bulkers Inc Earnings Call

MONACO, May 11, 2020 -- Scorpio Bulkers Inc. (NYSE: SALT) (“Scorpio Bulkers” or the “Company”), today reported its results for the three months ended March 31, 2020. The.

None of the three vessels have been fitted with scrubbers. Delivery of the vessels is expected to take place between March and May of 2020. It is estimated that the Company’s liquidity will increase by approximately $18.3 million after the repayment of outstanding debt.

NEW YORK, March 19, 2020 -- Capital Link is pleased to announce that the 14th Annual International Shipping Forum will take place as a Digital Forum on Monday, March 30 &.

MONACO, April 28, 2020 -- Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) plans to announce first quarter 2020 financial results in a press release that.

Scorpio Bulkers Inc. (the “Company” or “Scorpio Bulkers”) announced today that its board of directors has determined to effect a one-for-ten reverse stock split of the Company’s common shares, par value $0.01 per share, and a reduction in the total number of authorized common shares to 31,875,000 shares. The Company’s shareholders approved the reverse stock split and change in authorized common shares at the Company’s annual general meeting of shareholders held on April 3, 2020.

Ladies and gentlemen, thank you for standing by, and welcome to the Scorpio Bulkers' First Quarter 2020 Conference Call. On the call with me are Emanuele Lauro, our Chairman and Chief Executive Officer; Robert Bugbee, our President; Cameron Mackey, our Chief Operating Officer; and we have Michael Ferrante, our Chief Accounting Officer; David Morant, Managing Director; and James Doyle, our Senior Financial Analyst.

Scorpio Bulkers, Inc. (SALT) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 50,000 common shares of the Company at an average price of $17.15 per share in the open market. The Company currently has 7,247,580 common shares outstanding, of which the Scorpio Group of companies, including SSH owns 1,447,751 or 19.98%. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities.

Anyone researching Scorpio Bulkers Inc. (NYSE:SALT) might want to consider the historical volatility of the share...

Thursday's analyst call by crude-tanker owner DHT Holdings (NYSE: DHT) as well as the Jan. 27 call by Scorpio Bulkers (NYSE: SALT) highlighted the new hurdles to rate visibility. "This is going to be the difficulty of your job as analysts," Scorpio Bulkers President Robert Bugbee told call participants. The standard bulk shipping measure to compare pricing is the time-charter equivalent (TCE) rate, which converts a spot transportation contract priced in dollars per ton of cargo (in the tanker market, under a system called Worldscale) into a dollar-per-day measure, with voyage costs including fuel costs subtracted from the total.

It's shaping up to be a tough period for Scorpio Bulkers Inc. (NYSE:SALT), which a week ago released some...

David Marcus of Evermore Global Advisors updates his volatile marine shipping bet, and a new internet services play.

Shares of Scorpio Bulkers (NYSE:SALT) fell 5.3% in pre-market session after the company reported Q1 results.Quarterly Results Earnings per share decreased 2716.67% over the past year to ($1.57), which beat the estimate of ($2.02).Revenue of $40,824,000 lower by 18.92% year over year, which missed the estimate of $46,420,000.Guidance Scorpio Bulkers hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: May 11, 2020View more earnings on SALTTime: 07:04 PM ETWebcast URL: https://edge.media-server.com/mmc/p/uydsfgt8Recent Stock Performance Company's 52-week high was at $31.6452-week low: $1.68Price action over last quarter: down 50.74%Company Description Scorpio Bulkers Inc is a shipping company. It owns and operates a fleet of modern mid to large-size dry bulk carriers which provide marine transportation for major bulks, which include iron ore, coal and grain and minor bulks which include bauxite, fertilizers and steel products internationally. The company's operating segment includes Kamsarmax and Ultramax. It generates maximum revenue from the Ultramax segment. Ultramax segment includes vessels ranging from approximately 60,200 DWT to 64,000 DWT. The Kamsarmax segment includes vessels ranging from approximately 82,000 DWT to 84,000 DWT.See more from Benzinga * Stocks That Hit 52-Week Highs On Thursday * Stocks That Hit 52-Week Highs On Tuesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The analysts covering Scorpio Bulkers Inc. (NYSE:SALT) delivered a dose of negativity to shareholders today, by making...

Q1 2020 Scorpio Bulkers Inc Earnings Call

Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. has an operating fleet of 58 vessels consisting of 52 wholly-owned or finance leased drybulk vessels (including 17 Kamsarmax vessels and 35 Ultramax vessels), and six time chartered-in vessels (including five Kamsarmax vessels and one Ultramax vessel).

Scorpio Bulkers (SALT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Scorpio Bulkers (SALT) delivered earnings and revenue surprises of -404.84% and -6.55%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?