Scorpio Tankers announces purchase
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
Scorpio Tankers Inc. (Scorpio or the company), a provider of marine transportation of petroleum products worldwide, has announced that Scorpio Services Holding Limited (SSH), a related party affiliate, purchased an aggregate of 400 000 common shares of the company.
Scorpio Tankers Inc. currently owns 78 product tankers and has contracted for nine newbuilding product tankers, expected for delivery across 2017 and 2018. SSH purchased their shares in the open market at an average price of US$4.19 per share.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/21022017/scorpio-tankers-announces-purchase/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
KBR selected as commercialisation partner for enzymatic recycling plant
KBR has been selected as a key commercialisation partner for Samsara Eco’s first-of-a-kind enzymatic recycling plant.
