Scorpio president Robert Bugbee tells TradeWinds that the New York-listed owner has not added to the seven VLCCs it confirmed late last year from Daewoo Shipbuilding and Marine Engineering (five) and Hyundai Samho (two).

Sources in Asia had said in TradeWinds' weekly edition that they believed Scorpio had boosted its orderbook to 11 from seven, but Bugbee denies this is the case.

“We