Tanker

Analysts: Did Scorpio miss out on product tanker rebound?

A profit warning from Scorpio Tankers gets a lukewarm welcome from analysts Fearnley. The tanker carrier warns of lower earnings in the 4th quarter, a period that was very positive for other companies in the product tanker market with soaring spot rates.
BY OLE ANDERSEN

US-based product tanker carrier Scorpio Tankers expects a lower result in the 4th quarter 2014 than otherwise projected by the capital market.

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