Eneti Inc. (previously Scorpio Bulkers Inc.) is a Morocco-based shipping company. The Company owns and operates newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 deadweight tons (dwt). The Company operates through two segments: Kamsarmax and Ultramax. It's Kamsarmax segment includes vessels ranging from approximately 82,000 dwt to 84,000 dwt. It's Ultramax segment includes vessels ranging from approximately 60,200 dwt to 64,000 dwt. It's vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes, and are employed primarily in the spot market or in spot market-oriented pools of similarly sized vessels. The Company’s operating fleet of 52 wholly-owned or finance leased drybulk vessels, including 17 Kamsarmax vessels and 35 Ultramax vessels.