More newbuildings join the fleet at Scorpio Tankers

Scorpio Tankers went shopping and bought two new vessels, the carrier announces. Just two months ago, Scorpio Tankers reached an agreement for four LR2 product tankers.

BY KATRINE GRØNVALD RAUN

Once again, Scorpio Tankers has increased its newbuilding fleet. This time with two separate deals for an MR product tanker as well as an LR2 product tanker, the carrier announces in a corporate statement to the New York Stock Exchange. These deals landed just a few months after another purchase of four LR2 product tankers.

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More newbuildings join the fleet at Scorpio Tankers

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Investment bank raises expectations for tanker carriers

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs