Market Volatility and Quants' Disappointing Year
ByAinvest
Tuesday, Nov 11, 2025 7:45 am ET1min read
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Scorpio Tankers Inc. has signed letters of intent to construct two Very Large Crude Carriers (VLCCs) at Hanwha Ocean Co. Ltd. in South Korea for $128 million per vessel. Deliveries are expected in Q3 and Q4 2028. The company has also sold 2.38 million common shares of DHT Holdings Inc. at an average price of $13.25 per share. Emanuele Lauro, Chairman and CEO, commented on the company's long-term view of the crude tanker market and its investment in DHT.
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