On the heels of a recent round ofmeetings with management, Justin Yagerman of Deutsche Bank published a note inwhich he told clients the New York and Oslo-listed operator plans to dial backordering activity but will likely pursue chartered tonnage.
“Management reiterated its plan torefrain from the ordering of vessels which have delivery dates beyond year-end2016 in order to avoid delivery into what it feels is a more uncertain part ofthe expected market cycle,” he said.
“Scorpio
