Scorpio Bulkers suffers new major deficit

The most prominent large-scale venture in the dry bulk industry, listed carrier Scorpio Bulkers, lost more than USD 190 million in the first six months of 2015.

Photo: Scorpio Bulkers

The biggest financial venture in the dry bulk industry, Scorpio Bulkers, suffered an adjusted net deficit of USD 16.6 million in the second quarter. Add to this a USD 119.6 million impairment on vessels that have been up for sale, as well as a USD 2.4 million depreciation related to the financing costs of two credit facilities, according to Scorpio Bulkers' second quarter interim report, published Tuesday.

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