Eneti announced that the Company has entered into an agreement with an unaffiliated third party to sell the SBI Thalia and SBI Athena, Ultramax bulk carriers built in China in 2015, and SBI Perseus, SBI Pisces and SBI Hercules, Ultramax bulk carriers built in China in 2016, for approximately $88 million. The transaction remains subject to definitive documentation and delivery of the vessels is expected to take place in the second quarter of 2021.