Scorpio Bulkers' results have fallen into the red amid the coronavirus' unprecedented disruption to dry bulk shipping and the global economy.
The Emanuele Lauro-led owner of ultramax and kamsarmax bulkers reported a net loss of $45.1m versus a net profit of $35m for the same period last year.
The negative result included a $13.9m hit tied to Scorpio Bulkers' $100m equity investment in sister company Scorpio Tankers.
