Thai bulker owner Precious Shipping has seen its loss grow for 2015 as it took sale and impairment hits from the weak dry cargo market.

The net deficit was THB 2.42bn ($68.07m) last year, it said, from THB 82m in 2014.

Revenue fell to THB 4.26bn against THB 4.66bn the year before, while costs rose to THB 6.13bn from THB 4.24bn over the same period.

Depreciation