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Scorpio Tankers Inc. Announces Agreements to Sell Three Product Tankers and Purchase Four Newbuilding Vessels

$STNGPress releaseSep 29, 2026, 6:45 AM ETRead the release

Scorpio Tankers agreed to sell three scrubber-fitted product tankers — STI Dama, STI Elysees and STI Veneto — for a combined $180.5 million, with closings expected before end of 2026. The company also signed for four newbuildings: two LR2s at $72.8 million each at Jiangsu Hantong (deliveries Oct-Nov 2029) and two VLCCs at $135.0 million each at Hengli Shipbuilding (deliveries Sep-Oct 2028), a total commitment of roughly $415.6 million.

Key figures

Vessels sold
3
Newbuilds purchased
4
Fleet product tankers
74
Fleet average age years
10.2
Lr2 newbuild price per vessel
72800000
Vlcc newbuild price per vessel
135000000

AI analysis

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