Tiger Bulk has emerged as a shareholder in Scorpio Bulkers after selling a trio of ultramaxes to the New York-listed owner.

Scorpio announced a $90m transaction for four ships last week but did not identify the sellers or the vessels in its initial statement to investors.

Shipbrokers are now reporting that the three ultramaxes in the package were the 63,500-dwt Tiger Anhui and Tiger Shanghai (built 2014) and the Tiger Shanghai (built 2015).