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Scorpio suffers from weak third quarter but bottom line grows

The New York-Monaco-based product tanker company, like its competitors, had a weak third quarter, but after nine months the bottom line is growing year-on-year.
The New York-Monaco-based product tanker company Scorpio Tankers has a fleet of 112 product tankers that are either owned, leased or chartered. | Photo: Pr/scorpio Tankers
The New York-Monaco-based product tanker company Scorpio Tankers has a fleet of 112 product tankers that are either owned, leased or chartered. | Photo: Pr/scorpio Tankers
by DAG HOLMSTAD

Like many of its product tanker rivals, Scorpio Tankers had a difficult third quarter, and the shipping company had to swallow a decline in top and bottom line compared to the same period last year.

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