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Scorpio Tankers flags tanker sales to add liquidity

Owner of 130 product tankers in discussions for sale-and-leaseback deals on a further four ships and says it will sell other assets to raise cash

  • Analysis

Cash needs to be raised to tide over Scorpio after depressed product tanker markets led to $188m in losses in first nine months of 2021

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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