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Scorpio Tankers lost USD 30 million in second quarter

After having finally achieved a positive bottom line in the first quarter, Scorpio Tankers is back in the red with a deficit in the second quarter. The market experienced headwinds, says the company.

Photo: PR Scorpio Tankers

Scorpio Tankers failed to book a profit in the latest quarter, which ended on June 30. After finally reporting a positive result for the first three months of the year, the New York/Monaco-based shipping company is now back in the red, shows the interim report Wednesday.

For the second quarter 2019, the report shows a deficit of USD 29.7 million, and for the first half of the year, the company lost USD 15 million.

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