Analyst Doug Mavrinac has dialled up his fourth quarter rate estimates for both handysize LPG carriers and LR2 tankers.
In a report issued this morning, Mavrinac said he is now projecting LR2 rates of $25,000 daily in the fourth quarter up from the $21,000 per day previously guided.
This will help Scorpio Tankers to a profit of $0.31 per share in the final three months of 2014, an improvement on the $0.27
