Shipowner Scorpio Tankers and investment bank Jefferies are confident of a product tanker recovery in the coming months.
Their upbeat assessment comes after the US investment bank's analysts held a series of meetings with the company's management.
Jefferies' Randy Giveans, Christopher Robertson and Chadd Tribo were told that Scorpio executives are seeing steady signs of rate improvements, with several supply and demand catalysts coalescing in the near term.
