Scorpio Tankers Takes Delivery of STI ‘Opera’ from South Korea

Scorpio Tankers Inc. has taken delivery of a MR product tanker newbuilding, STI Opera, from Hyundai Mipo Dockyard Co., Ltd. of South Korea.

The vessel will be time chartered-out for up to 120 days at approximately $19,000 per day.

Scorpio Tankers Inc. currently owns 21 tankers (one LR2 tanker, four LR1 tankers, one Handymax tanker, 14 MR tankers, and one post-Panamax tanker) with an average age of 4.0 years, time charters-in 30 product tankers (nine LR2, four LR1, eight MR and nine Handymax tankers),

The company has contracted 63 newbuilding vessels (30 MR, 12 LR2, and 14 Handymax ice class-1A product tankers and seven VLCCs), 43 are expected to be delivered to the Company in 2014, 16 in 2015 and four in 2016. The Company also owns 30% of Dorian LPG Ltd.

Scorpio Tankers, January 29, 2014