Scorpio Bulkers booked a USD 25 million net loss

USA-Monaco based bulk carrier Scorpio Bulkers delivered a minus of USD 24.7 million in the second quarter of 2016, pushing the carrier's deficit up to USD 83 million, reads the latest financial report.

BY TOMAS KRISTIANSEN

Scorpio Bulkers has opened the half-yearly report season in the ailing bulk industry with a minus, pushing up the deficit for a carrier whichwas otherwise popular not so many years ago.

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Scorpio Bulkers booked a USD 25 million net loss

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Scorpio Bulkers needs to raise extra capital yet again

Scorpio Bulkers hit with bigger loss than expected

"Unfortunately, I was wrong"

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

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IMO's fossil fuel ban in the Arctic faces criticism

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Less than one percent of the container fleet is currently idle

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UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs