Carriers

Scorpio Tankers wants more capital for expansions

Scorpio Tankers is looking to the stock market in order to secure capital for a fleet expansion. The company has performed an underwritten public offering of shares for a total  of approximately USD 200 million.
BY JAKOB VESTERAGER

Rapidly growing tanker company Scorpio Tankers has performed an underwritten public offering of shares for a total of USD 200 million. This happens a few days after the company published a financial report showing a lower result than expected.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs