Emanuele Lauro’s Scorpio Bulkers has entered into agreements to sell 2014-built SBI Puma and 2015-built SBI Cougar for a total of around $37.9m.
The company says the sale will generate around $16m of additional liquidity, with delivery scheduled in October.
Brokers have identified China’s CDB Leasing as the buyer, pointing to a sale-and-leaseback transaction.
The sale will leave Scorpio with an owned fleet of 40 bulkers.