Scorpio continues to cut finance costs with purchase of 21 leased vessels
Company exercised purchase options on three product tankers and gave notice of exercising an additional 18 since August, regulatory filing shows
Scorpio Tankers continues to reduce financing costs. It is exercising purchase options on 21 product tankers, bringing the tally since last August to 72 vessels. The company has also repaid debt relating to six vessels under three different facilities for about $100m