The Scorpio group is already hearing positive reaction to its move to drop 1% sale-and-purchase commissions paid by its two public companies to a private affiliate.

That was the word today from Robert Bugbee, president of both Scorpio Tankers and Scorpio Bulkers, speaking in an interview with TradeWinds hours after the group announced the changes.

“We’ve heard from a couple of the top shareholders in each company who have stated that they’re really appreciative that we’ve come to this conclusion,” Bugbee said.

“We’ve