Scorpio Tankers bullish on long range tankers
As Scorpio Tankers moves to a profit in the first quarter versus a year earlier, the company expects to charter-in more vessels ahead of what it sees will become a strong market especially for the long range 2 segment ahead of the new sulphur regulations
President Robert Bugbee said it is not unreasonable to see long range tankers at $50,000 per day, with medium range tankers at $30,000 per day