Scorpio Tankers sinks deeper into the red in the third quarter
Although Scorpio Tankers' deficit widened in the third quarter, the major tanker operator projects that low oil reserves and post-pandemic demand will pave the way for an upturn in the tanker market.
by DANIEL LOGAN
Major Monaco-New York-based tanker operator Scorpio Tankers agrees with its competitors that a recovery is in the offing in the strained tanker market, which has been down for the count for the past year.
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