Scorpio Tankers in open dispute with analysts

Analyst agency Fearnley lowered its recommendation of Scorpio Tankers last week. In a somewhat unusual development, the downgrade resulted in a sharp reaction from the company's Chairman, Robert Bugbee.
Photo: Presse
Photo: Presse
BY LOUISE VOGDRUP-SCHMIDT

A few weeks before presenting its annual report 2014, the senior management team at New York-listed carrier Scorpio Tankers has responded publicly to Oslo-based analyst agency Fearnley, which on Wednesday this week decided lower its recommendation of the share.

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