New York-listed Scorpio Tankers is continuing to erase questions about its financial liquidity in a tough tanker market with the sale of three more product carriers for an aggregate $112.5m.
The sales of two LR2s and one MR will boost the Emanuel Lauro-led outfit’s cash reserves by a further $55m after previous sales and refinancings had built up a war chest of $478m at 27 January.
