Bulk

Scorpio Bulkers lost USD 10.7 million in 1st quarter

Weak dry bulk rates characterized the 1st quarter 2014 and impacted the expansive dry bulk carrier Scorpio Bulkers. "Disappointing," says Platou in a comment about the result.
BY KATRINE GRØNVALD RAUN

The conditions for dry bulk carriers were far from normal in the first quarter, a development that also hit Scorpio Bulkers with a USD 10.7 million deficit. This can be compared to the fact that the three quarters from March to December last year resulted in a total USD 6.3 million deficit.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs