Scorpio in massive LPG ship order

Scorpio Tankers continues its agressive growth strategy and is now betting on the market for LPG ships. The shipping company has made an order for up to ten LPG ships from two Korean shipyards.

Product tanker company Scorpio Tankers is known for its aggressive focus on fleet expansion. Now the company embarks on a new path as it enters the market for transporting liquid petroleum gas (LPG). The shipping company has just placed an order for a minimum of five and up to as many as ten new LPG ships, says the company in a statement.

According to Emanuele Laurio, CEO and Chairman, Scorpio Tankers has long considered entering the LPG market, as it fits well with the company's main focus, the product tank market:

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