Scorpio Tankers Inc. Announces Agreements to Sell Three Product Tankers and Purchase Four Newbuilding Vessels
Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and purchase four newbuilding vessels. Vessel Sales The Company has entered into agreements to sell three product tankers comprising the 2014 built scrubber-fitted MR product tanker, STI Dama, for $37.5 million, the 2014 built scrubber-fitted LR2 product tanker, STI Elysees, ...
Scorpio Tankers Inc. has confirmed plans to dispose of three product tankers and acquire four newbuilding vessels.
The company has reached agreements to sell the MR scrubber-fitted tanker STI Dama, built in 2014, for $37.5 million. Additionally, it has agreed to sell the LR2 scrubber-fitted tanker STI Elysees, also from 2014, for $70.0 million. Furthermore, Scorpio Tankers will sell the LR2 scrubber-fitted tanker STI Veneto, constructed in 2015, for $73.0 million. These sales are anticipated to be finalized before the end of 2026.
In addition to the disposals, Scorpio Tankers has also entered into contracts to acquire four new vessels. This includes two LR2 scrubber-fitted product tankers, which are set for construction at Jiangsu Hantong Ship Heavy Industry Co., Ltd. in China. The cost for each of these vessels is $72.8 million, with deliveries expected in October and November 2029.
Moreover, Scorpio Tankers will purchase two LRCC scrubber-fitted vessels from Hengli Shipbuilding (Dalian) Co., Ltd. These vessels will be built for $135.0 million each, with deliveries projected for September and October 2028.
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