And then there were 20.

New York-listed Scorpio Bulkers has taken down its remaining owned fleet to that number after announcing the sale of two more ultramaxes to an unidentified buyer for a total of $35m.

The 61,600-dwt SBI Leo and SBI Lyra (both built 2015) are listed as owned by AVIC Leasing of China and chartered back to Scorpio.