Scorpio Bulkers cut its deficit in half in Q2
The New York-listed dry bulk carrier booked a net deficit of USD 13.4 million in the second quarter, almost a 50 percent reduction compared to last year. Rates stabilized in the quarter due to increased Chinese iron ore and coal output, notes the carrier.
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Scorpio Bulkers was able to almost halve its net deficit in the second quarter 2017.
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