Emanuele Lauro and Robert Bugbee are not the only top shipping figures with a reason to smile after a spike in the share price of Scorpio Tankers during the past month.
Shipowner Idan Ofer will also be buoyed by the jump, having quietly invested in the New York-listed company last year.
TradeWinds has learned that Ofer and his Eastern Pacific Shipping bought about one-quarter of the 5.4