Amid a new focus on product tanker consolidation, the private Scorpio Group is taking first steps in what it promises will be a bigger expansion of its commercially managed fleet.
Monaco-based Scorpio has increased its handysize pool with the addition of two Peninsula Petroleum units as it eyes a larger build-up across its four products pools.
“It’s safe to say we are expecting more ships,” Scorpio’s Dubai-based pool director Ugo Romano told TradeWinds.