Bugbee: Oil companies will weed out aging tanker vessels
New factors in the product tanker market will make it even more uplifting to sit as the head of expansive product tanker carrier Scorpio Tankers in the coming years, says president Robert Bugbee.
BY KATRINE GRØNVALD RAUN
It was a pleased Scorpio Tankers senior management team that discussed the third quarter and projections going forward following a record result of USD 88.1 million in the third quarter 2015. President Robert Bugbee was able to point to yet another positive factor for the product tanker carrier, which has now taken delivery of most of its massive newbuilding fleet.
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