SCORPIO BULKERS INC. | ||||||||
| (registrant) | ||||||||
| Dated: | February 2, 2021 | By: /s/ Hugh Baker | ||||||
| Hugh Baker | ||||||||
| Chief Financial Officer | ||||||||
SCORPIO BULKERS INC. | ||||||||
| (registrant) | ||||||||
| Dated: | February 2, 2021 | By: /s/ Hugh Baker | ||||||
| Hugh Baker | ||||||||
| Chief Financial Officer | ||||||||
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ATHENS, Greece, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter and year ended December 31, 2020. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights (Expressed in thousands of U
MONACO, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company’s shareholders approved the change of the Company’s name to “Eneti Inc.” at the Company’s special meeting of shareholders held on February 3, 2021. The name change reflects the Company’s previously announced transition to a sustainable future. The change of name will take effect, and the Company’s common shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “NETI”, on February 8, 2021. The CUSIP number of Y2294C 107 will be assigned to the Company’s common shares when the change of name becomes effective. About Scorpio Bulkers I
ATHENS, Greece, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into an agreement with SCORPIO BULKERS INC. (“Scorpio”) (NYSE: SALT) to acquire seven vessels (the “Vessels”), by assuming the outstanding lease obligations of the Vessels which are currently at $102.3 million. As consideration, the Company will issue to Scorpio three million newly issued SBLK shares. The transaction is subject to the approval of the lessor and customary documentation. The transaction was negotiated by the Company on the basis of NAV to N
Stifel downgraded Scorpio Bulkers from Buy to Hold and set a new price target of $18.00 from $20.00 previously
Stifel Nicolaus downgraded Scorpio Bulkers from Buy to Hold
Jefferies reiterated coverage of Scorpio Bulkers with a rating of Hold and set a new price target of $18.00 from $15.00 previously
ATHENS, Greece, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter and year ended December 31, 2020. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to "we," "us," "our," or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights (Expressed in thousands of U
MONACO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (“Scorpio Bulkers” or the “Company”), today reported its results for the three months ended December 31, 2020. The Company also announced that on January 29, 2021 its Board of Directors declared a quarterly cash dividend of $0.05 per share on the Company’s common shares. Share and per share results included herein have been retroactively adjusted to reflect the one-for-ten reverse stock split of the Company’s common shares, which took effect on April 7, 2020. Results for the Three and Twelve Months Ended December 31, 2020 and 2019 For the fourth quarter of 2020, the Company’s GAAP net loss was $465.6 m
MONACO, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the “Company”) announced today that the Company has entered into an agreement with Eagle Bulk Shipping Inc. (“Eagle Bulk”) to sell SBI Virgo, an Ultramax bulk carrier built in 2017, for $15 million of cash and a warrant for 212,315 common shares of Eagle Bulk. Delivery of the vessel is expected to take place in the second quarter of 2021. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. announced on August 3, 2020, its intention to transition away from the business of dry bulk commodity transportation and towards marine-based renewable energy including investing in the next generation of wind turbine installation