Scorpio purchases four LR2 product tankers

Expansive US-based carrier Scorpio Tankers has just entered into new agreements to acquire four LR2 product tankers, according to a statement on Monday in which Scorpio also announces that the carrier has taken delivery of three newbuildings.

Scorpio Tankers, which holds the largest product tanker newbuilding program in the world, has now entered new agreements to acquire four LR2 (Long Range) product tankers.

The ships will be built at shipyards Sungdong Shipbuilding and Marine Engineering Co., Ltd. and Daehan Shipbuilding Co., at a price of around USD 60 million apiece. The four vessels are set for delivery between June and August 2015, says the carrier in a statement on Monday.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs