Scorpio Tankers pares down DHT Holdings stake, confirming financial investment

Scorpio Tankers has sold off a handful of DHT Holdings shares, earning the company $8.3m.

The New York-listed product tanker owner disclosed in its annual report published over the weekend that it had sold 700,000 shares in the VLCC specialist for $11.85 each.

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Scorpio Tankers had owned just under 12m shares in DHT Holdings and now owns 11.2m,