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Accounts payable
6 Months Ended
Jun. 30, 2020
Subclassifications of assets, liabilities and equities [abstract]  
Accounts payable Accounts payable The following is a table summarizing our accounts payable as of June 30, 2020 and December 31, 2019:
 As of
In thousands of U.S. dollarsJune 30, 2020December 31, 2019
Scorpio Ship Management S.A.M. (SSM)$2,480 $2,454 
Scorpio Handymax Tanker Pool Limited634 116 
Scorpio Services Holding Limited (SSH)595 353 
Scorpio LR2 Pool Limited448 — 
Amounts due to a related party port agent 165 58 
Amounts due to a related party bunker supplier103 — 
Scorpio LR1 Pool Limited325 
Scorpio MR Pool Limited— 19 
Scorpio Commercial Management S.A.M. (SCM)72 14 
Accounts payable to related parties4,499 3,339 
Suppliers12,874 19,783 
 $17,373 $23,122 
The majority of accounts payable is settled with a cash payment within 90 days. No interest is charged on accounts payable. We consider that the carrying amount of accounts payable approximates fair value.