GoodBulk has booked a net loss for a second consecutive quarter and has drawn down from a new $200m credit facility to refinance almost all of its existing loans.

The Monaco-based bulker owner, which is quoted on Oslo's over-the-counter market, posted a net loss of $5.8m, or $0.19 per share.

For the same period last year, the company recorded a $228,000 net profit, equivalent to $0.01