ShippingWatch

Scorpio concludes sale of 12 tankers – and plans to sell more

By the end of the third quarter, Scorpio Tankers hopes to have sold additional tankers. The vessels were put up for sale following the carrier’s major divestment to players including Hafnia, made in order to secure liquidity.

Photo: PR/Scorpio Tankers

Product tanker carrier Scorpio Tankers has just completed a divestment of 12 tankers of the types LR1 and MR, but the financially strained shipping company doesn’t end its selling spree here, according to an update on the second quarter.

An additional six tankers – two LR1s, three LR2s and an MR – are now up for sale, and Scorpio aims to sell the vessels before the end of the third quarter this year, reads the statement.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Reefer rates to peak in fall season, followed by slow decline

Rates on refrigerated containers, or reefers, have increased by 50% in the second quarter compared to the same period in 2021, with growth set to continue in the third quarter. 2023, however, will see rates slowly declining, forecasts consultancy Drewry.

Further reading

Related articles

Latest news

See all jobs