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.

BY DANIEL LOGAN

Published: 11.05.15 at 14:55

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.