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.
However, the third quarter is still affected by low demand and too many vessels, which has led to a weakened market. Scorpio Tankers' deficit widened to USD 73.3 million from a deficit of USD 20.2 million in the same period last year.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.