Dry bulk carriers lost billions of dollars in 2015

The most prominent listed dry bulk carriers multiplied their losses in 2015. Three carriers in particular are at the forefront of this massive downturn.
Photo: Scorpio Bulkers
Photo: Scorpio Bulkers
BY DANIEL LOGAN BERG-MUNCH AND OLE ANDERSEN

Several of the most prominent international dry bulk carriers have been bleeding cash in 2015 after a year in which billions of dollars were lost in huge deficits, which have in turn triggered major fleet impairments.

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