New York-listed Scorpio collected $166.5m for the 52,000-dwt STI Chelsea, STI Lexington, STI Mythos, STI Olivia and STI Powai (all built 2014) in a move that marked its first sale of modern eco-tankers.

Scorpio president Robert Bugbee, responding to questions from analysts during its fourth-quarter conference call, said: “The answer will be yes, we could sell other vessels.”

However, he adds that the company needs to see “additional benefits” beyond doing straight commercial deals.