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No. of Recommendations: 2
Earlier this year, Scorpio (STNG) added ice-class Handy's and LR2's to its newbuild vessel mix.
Now, it looks like the company plans to add LPG vessels, 5-10 Very Large Gas Carriers (VLGCs) to
its fleet. Actually, STNG is switching its order on four LR2 vessels from LR2 vessels into five
VLGC orders, plus options to build five more.

http://finance.yahoo.com/news/scorpio-tankers-inc-announces-...
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Nibbling a bit at stng after the predictable shortfall. STLL A BIT AHEAD OF ITSELF THOUGH. New bunch of 'investors'.
I need to be owning it when we're at the bottom of intermediate rate cycles.

JZ
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BTW, they have created a (separate) dry bulk shipping entity. I think they just placed their
newbuild orders in the last week or two.
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I like the company, and RB who my partner has met with a few times. I also keep in mind the sentiments he stated here a while back:

http://www.tradewindsnews.com/finance/311873/scorpio-not-don...

I guess it could be a good relationship.

jz
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