ShippingWatch

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:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Business profile leaves Bunker Holding

Bunker Holding loses prominent board member, who is former partner and executive in private equity firm EQT and who furthermore leaves the board in Uni-Tankers. Two new members join the board.

Further reading

Related articles

Latest news

See all jobs