The Hong Kong and Singapore-listed bulker owner booked a netloss of $1.6m for the six months to 30 June against a $9.9m reversal in thesame period of 2012.
Lower depreciation, insurance and crew fees all contributed tocosts coming down by 12% compared to the first half of 2012.
The figures for the first six months of last year were also hitby a $3.4m
