New York-listed Scorpio picked up 994,201 shares at $9.13 each to continue its ongoing buyback programme.

Following the additions since 24 August the tanker owner has $200.9m remaining on the latest repurchasing plan.

Scorpio shares last traded at $8.89 each, valuing the eco-tanker owner at $1.62bn.

Today the company has 80 owned products tankers on the water, alongside 18 chartered ships.