New York-listed Scorpio this week bought a medium-range (MR) tanker on order at Hyundai Mipo Dockyard (HMD) and took a long-range-two (LR2) products tanker on order at Daehan Shipbuilding, the latter involving a short charter-back.
While Scorpio did not reveal the identity of the sellers, market sources suggest the MR comes from York Capital, which built up a newbuilding fleet of seven MRs and two VLCCs that are now being sold off.
