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Read all the latest news about Navig8. ShippingWatch gives you independent, credible, critical and fair news.

Scorpio Tankers' new management duo replays the eco card

Ex BP and Jellico executive Lars Dencker Nielsen sees no reason why Robert Bugbee and Emanuele Lauro's vision to conquer the product tanker market with a record-young fleet should not come true within the next couple of years. ShippingWatch has interviewed Scorpio Tankers' new commercial director.

Navig8 shareholders say yes to merger with Scorpio

Navig8's shareholders have voted in favor of a merger with Scorpio Tankers which will create a new giant within product tanker. The merger is now expected to be finalized Sept. 1, according to Scorpio Tankers.

Navig8 Chemical Tankers booked deficit

Navig8 Chemical Tankers suffered a deficit of USD 3.6 million, according to the interim report for the second quarter. The market for chemical products has stabilized, albeit at lower levels, says CEO.

Bugbee calls on competitors to join forces

Not long ago, observers had little interest in Robert Bugbee as the Scorpio project looked set to fail. Now he is the man who has done what everyone is talking about in product tanker, and in an interview with ShippingWatch he calls on competitors to follow his lead.

Scorpio Tankers merges with Navig8

The consolidation wave in product tanker is now reality. Robert Bugbee's Scorpio Tankers will merge with Navig8 and issue new shares for USD 200 million. The new behemoth will have a fleet of 105 vessels and will compete directly with carriers such as Torm, Ardmore, and Hafnia Tankers.

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