Scorpio Tankers to Sell 3 Tankers, Buy 4 Newbuilding Vessels

MT Newswires Live09-29

Scorpio Tankers (STNG) has agreed to sell three product tankers for $180.5 million and buy four newbuilding vessels, the company said Tuesday.

Scorpio Tankers expects the sales to close before the end of the year.

The acquisitions consist of two scrubber-fitted LR2 product tankers and two scrubber-fitted very large crude carriers, the company said.

The LR2s are likely to be constructed at Jiangsu Hantong Ship Heavy Industry in China for $72.8 million per vessel, with deliveries expected in October and November 2029. The VLCCs are expected to be constructed at Hengli Shipbuilding (Dalian) for $135 million per vessel, with deliveries likely in September and October 2028.

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