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Scorpio Tankers hit with big loss in the third quarter

The world's largest owner of product tanker newbuilds, Scorpio Tankers, booked a big deficit in the third quarter, suffering a net loss of USD 36.9 million.

Photo: Scorpio Tankers/PR

Scorpio Tankers, which after the merger with Navig8 Product Tankers owns the world's largest fleet of product tankers, booked a net deficit of USD 36.9 million in the third quarter, according to the interim report from the New York-listed tanker carrier.

The aggregate loss for the first three quarters this year came to a total of USD 62.5 million.

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