Italian bulker group Premuda has posted a bigger loss in the first half as revenue declined.
Premuda's net deficit to 30 June was EUR 15.4m ($20.23m).
Premuda's revenue dropped to EUR 33.53m from EUR 38.85m, while operating costs were stable at EUR 17.6m.
Premuda's bulker fleet consists of 10 bulkers and a bulker newbuilding, plus three chartered in handymax dry cargoships.
