LR2 Product Tanker Joins Scorpio Tankers’ Fleet

Scorpio Tankers has taken delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd.

This vessel has been chartered out and is set to begin a voyage for 52 days at approximately USD 33,500 per day.

The company has also exercised an option to extend the charter on one of its time chartered-in LR2s for six months at USD 16,250 per day, commencing in March 2015.

Just last week, Scorpio Tankers took delivery of STI Veneto, an LR2 product tanker from Hyundai Samho Heavy Industries.

The vessel will begin a voyage for 60 days at approximately USD 32,000 per day.

Scorpio Tankers currently owns 64 tankers with an average age of 1.3 years and has time charters-in 21 product tankers.

The company has contracted for 17 newbuilding product tankers (nine MR and eight LR2), three of which are expected to be delivered in the first quarter of 2015, ten of which are expected to be delivered in the second quarter of 2015 and the remaining four vessels throughout 2016.