Monarch Debt Recovery Master Fund SC 13D/A Scorpio Bulkers Inc.

Exhibit 99.4

JOINT FILING AGREEMENT

PURSUANT TO RULE 13d-1(k)(1)

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THIS JOINT FILING AGREEMENT is entered into as of January 11, 2016, by and among the parties hereto.  The undersigned hereby agree that the Statement on Schedule 13D with respect to the common shares, par value $0.01 per share, of Scorpio Bulkers Inc. and any amendment thereafter signed by each of the undersigned shall be (unless otherwise determined by the undersigned) filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Dated:  January 11, 2016

[Signatures on following page]

MONARCH DEBT RECOVERY MASTER FUND LTD
	By: Monarch Alternative Capital LP, its Investment Manager
By:	/s/ Michael Weinstock
	Name:  Michael Weinstock
	Title:    Chief Executive Officer
MONARCH ALTERNATIVE CAPITAL LP
By:	/s/ Michael Weinstock
	Name:  Michael Weinstock
	Title:    Chief Executive Officer
MDRA GP LP
	By: Monarch GP LLC, its General Partner
By:	/s/ Michael Weinstock
	Name:  Michael Weinstock
	Title:    Member
MONARCH GP LLC
By:	/s/ Michael Weinstock
	Name:  Michael Weinstock
	Title:    Member

[Signature page to Joint Filing Agreement]