U.S. Shipping posts $66.04 million June net loss; sales $7.78 million

By Caroline Salls

Pittsburgh, July 23 - U.S. Shipping Partners, LP posted a $66.04 million net loss for June on $7.78 million in revenues, according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of New York.

The company had $18.58 million in cash and cash equivalents at June 30.

U.S. Shipping is an Edison, N.J.-based provider of long-haul marine transportation services. It filed for bankruptcy on April 30. Its Chapter 11 case number is 09-12711.

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