Monaco’s Scorpio Bulkers has announced the sale of 2016-built ultramax bulkers SBI Poseidon and SBI Apollo.

The Japanese-built pair, built at Mitsui Ichihara, were sold for a total price of $38.4m and delivery is scheduled for the first quarter of 2021. The vessels have a market value of $39.23m, according to VesselsValue.

Separately, Greek dry bulk owner, M/Maritime, has announced the acquisition of the two vessels, increasing its fleet size to 19 vessels.

The sale comes within 24 hours of Scorpio offloading the 2015-built ultramax bulker, SBI Gemini, for $16m and a few days after the sale of four ultramaxes to Hong Kong’s Pacific Basin.

Since announcing plans to move into the offshore wind sector in August, Scorpio has sold 20 bulkers and is down to a fleet of just 29 vessels.

The company has openly said it plans to sell its entire fleet as part of its move into offshore wind.

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