Deutsche Bank expects a loss of USD 20 million for Scorpio Bulkers
The bank expects a weak earnings report from Scorpio Bulkers on Tuesday. "The results are out of management's control," writes the bank's shipping analyst, who predicts weak bulk results across the sector.
BY DANIEL LOGAN BERG-MUNCH
An operating loss of around USD 20 million in the first quarter of 2016, which will be remembered as the lowest ever registered rate in the dry bulk market.
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