Scorpio Bulkers Inc. to Announce First Quarter 2018 Results
April 13 2018 - 4:15PM
Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the
“Company”) plans to announce first quarter 2018 financial results
in a press release that will be issued before the market open on
Monday, April 23, 2018.
A conference call to discuss the Company’s
results will be held at 11:00 AM Eastern Daylight Time / 5:00 PM
Central European Summer Time. Those wishing to listen to the
call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424
(International) at least 10 minutes prior to the start of the call
to ensure connection. The conference participant passcode is
2560928. The information provided on the teleconference is
only accurate at the time of the conference call, and the Company
will take no responsibility for providing updated information.
There will also be a simultaneous live webcast
over the internet, through the Scorpio Bulkers Inc.
website www.scorpiobulkers.com. Participants to the live
webcast should register on the website approximately 10 minutes
prior to the start of the webcast.
Webcast
URL: https://edge.media-server.com/m6/p/28u2nckc
About Scorpio Bulkers Inc.
Scorpio Bulkers Inc. is a provider of marine
transportation of dry bulk commodities. Scorpio Bulkers Inc.
has an operating fleet of 56 vessels consisting of 55 wholly-owned
or finance leased drybulk vessels (including 18 Kamsarmax vessels
and 37 Ultramax vessels), and one
time chartered-in Ultramax vessel. In addition, one
Kamsarmax vessel which is being constructed at Jiangsu New
Yangzijiang Shipbuilding Co Ltd in China is expected to be
delivered to the Company in the third quarter of 2018. Upon final
delivery of the last vessel, the Company’s owned and finance leased
fleet is expected to have a total carrying capacity of
approximately 3.9 million dwt and all of our owned vessels
will have carrying capacities of greater than 60,000 dwt.
Additional information about the Company is available on the
Company’s website www.scorpiobulkers.com, which is not a part
of this press release.
Forward-Looking Statements
Matters discussed in this press release may
constitute forward-looking statements. The Private Securities
Litigation Reform Act of 1995 provides safe harbor protections for
forward-looking statements in order to encourage companies to
provide prospective information about their business.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements, which are other than
statements of historical facts. The Company desires to take
advantage of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and is including this cautionary
statement in connection with this safe harbor legislation. The
words “believe,” “anticipate,” “intend,” “estimate,” “forecast,”
“project,” “plan,” “potential,” “may,” “should,” “expect,”
“pending” and similar expressions identify forward-looking
statements.
The forward-looking statements in this press
release are based upon various assumptions, many of which are
based, in turn, upon further assumptions, including without
limitation, our management’s examination of historical operating
trends, data contained in our records and other data available from
third parties. Although we believe that these assumptions were
reasonable when made, because these assumptions are inherently
subject to significant uncertainties and contingencies which are
difficult or impossible to predict and are beyond our control, we
cannot assure you that we will achieve or accomplish these
expectations, beliefs or projections.
In addition to these important factors, other
important factors that, in our view, could cause actual results to
differ materially from those discussed in the forward-looking
statements include the failure of counterparties to fully perform
their contracts with us, the strength of world economies and
currencies, general market conditions, including fluctuations in
charter rates and vessel values, changes in demand for dry bulk
vessel capacity, changes in our operating expenses, including
bunker prices, drydocking and insurance costs, the market for our
vessels, availability of financing and refinancing, charter
counterparty performance, ability to obtain financing and comply
with covenants in such financing arrangements, changes in
governmental rules and regulations or actions taken by regulatory
authorities, potential liability from pending or future litigation,
general domestic and international political conditions, potential
disruption of shipping routes due to accidents or political events,
vessels breakdowns and instances of off-hires and other factors.
Please see our filings with the Securities and Exchange Commission
for a more complete discussion of these and other risks and
uncertainties.
Contact:
Scorpio Bulkers Inc.
+377-9798-5715 (Monaco)
+1-646-432-1675 (New York)
Scorpio Bulkers (NYSE:SALT)
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