Scorpio Tankers lost USD 1.2 million in 3rd quarter

Scorpio Tankers suffered a net deficit of USD 1.2 million in the 3rd quarter, says the carrier. Spot rates of USD 20,000 per day bode well for the fourth quarter, according to Platou.

Scorpio Tankers finished the 3rd quarter 2014 with a lower result than in the same period last year, according to the product tanker's interim report. Scorpio Tankers portended the deficit a week ago.

The carrier suffered a 3rd quarter deficit of USD 1.2 million, compared to a profit of USD 0.7 million in the same period last year. The carrier's revenue came to USD 82 million, slightly above analyst expectations, while the result ended below expectations, says analyst agency Platou in a statement.

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