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03 AUG 2026 MONDAY
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Scorpio Tankers Inc. Announces Vessel Sale Agreements and Time Charter-Out Agreements in International Shipping News 05/03/2026 Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and time charter-out two product tankers. Vessel Sales The Company has entered into agreements to sell two 2015 built scrubber-fitted MR product tankers, STI Seneca and STI Osceola, for $35.0 million per vessel and a 2015 built scrubber-fitted LR2 product tanker, STI Solidarity, for $60.0 million. The sale of these vessels is expected to close within the first or second quarter of 2026. The vessels are currently financed on the Company’s 2023 $1.0 Billion Credit Facility with an aggregate outstanding debt balance of $20.2 million. Time Charter-Out Agreements The Company has entered into agreements to time charter-out two LR2 product tankers, STI Lombard and STI Rambla. The term of the agreement for STI Lombard is five years at a rate of $33,000 per day. The term of the agreement for STI Rambla is eight years at a rate of $30,500 per day. These charters are expected to commence in the first or second quarter of 2026. Source: Scorpio Tankers Inc. 2026-03-05 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
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news Hellenic Shipping News ·2026-03-05

Scorpio Tankers Inc. Announces Vessel Sale Agreements and Time Charter-Out Agreements

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