Scorpio Tankers back in VLCC game with Hanwha Ocean deal

Monaco-based Scorpio Tankers has made a surprise return to the crude carrier newbuilding market after more than a decade, signing up for two very large crude carriers (VLCCs) at South Korean yard Hanwha Ocean. The New York-listed product tanker giant has inked letters of intent for the 320,000 dwt units, each priced at around $128m. …