Scorpio Tankers lost more than USD 76 million in the fourth quarter
Product tanker carrier Scorpio Tankers lost more than USD 76 million in the fourth quarter of 2020, during which repercussions of spring's massive oil stockpiling continued to rub off on rates. Covid-19 will continue to cause volatility into 2021.
2020 was not an easy year for the world's oil transporters, which is also evident from the figures presented by product tanker carrier Scorpio Tankers, which closes the year with a significant dive on the bottom line.
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