Scorpio Bulkers chief executive Emanuele Lauro ruled out new equity raises and forecast that the New York-listed shipowner has what it needs to get through at least the end of 2018.
Speaking to analysts after a slimmer-than-expected quarterly loss, Lauro said the runway can be extended even further with "a few non-equity adjustments, if necessary".
Lauro says the company does not have the "wish or the need" to issue shares in a dilutive deal.
