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Scorpio Tankers in fourth quarter turnaround driven by sulfur regulation

The lead-up to the new sulfur regulation was one of the main reasons that Scorpio Tankers delivered significantly improved earnings for the fourth quarter.

Photo: PR/Scorpio Tankers

Red numbers were replaced by black numbers in the last three months of 2019 for Scorpio Tankers.

The New York-listed shipping company reports a profit of USD 12 million for the fourth quarter 2019, up from a deficit of USD 17,7 million in the same period 2018.

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