Analysts Eirik Haavaldsen and Jonas Advocaat Kraftbelieve the owner, which has spent $800m on newbuildings over the past threemonths, is poised to leave rivals trailing.

“With a solid balance sheet, a state-of-the-art fleet andpure product exposure we believe that Scorpio will surf on top of an expectedmarket recovery over the next couple of year,” they said in a report today.

Scorpio, which went public with only three ships in 2010,has grown to become one of the world’s largest tanker companies, they add.

“With