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Dry Bulk Scorpio Bulkers International

Scorpio Bulkers reports second-quarter profit boost

US-listed company focusing on kamsarmax and ultramax bulkers saw second-quarter profits swell, beating market expectations. It expects to increase its commercial trading opportunities as rates are seen rising

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Company’s president Robert Bugbee tells analysts that its net asset value is rising because the rates fixing currently will lead to ‘very positive cash flow’

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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