Scorpio books large deficit in the third quarter

Product Tanker company Scorpio Tankers reports a large million-dollar deficit for this year's third quarter, in which the tanker company also signed a major deal with brokerage firm Trafigura that covers 19 product tankers.

Photo: PR/Scorpio Tankers

Tanker shipping company Scorpio Tankers' bottom line once again lands in the red.

Scorpio Tankers' third quarter ended in a deficit of USD 45.3 million. The loss is, however, significantly lower than the deficit booked in the same quarter last year, in which Scorpio lost USD 71.7 million.

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