Scorpio Tankers Inc. announced that it has reached an
agreement with SPP Shipbuilding Co., Ltd. of South Korea (“SPP”) for the construction of four MR product tankers for approximately $32.5 million each, two of which are the exercise of options from a previous
contract.These vessels will be delivered in the third and fourth quarters of
2014 and are a continuation of the Company’s existing newbuilding
program for fuel-efficient vessels. In conjunction with these contracts, the Company received extensions on several previously agreed options
and received four new fixed price options for similar vessels which
would be delivered in 2015.The Company currently has a total of 16 MR product tanker newbuilding orders with Hyundai Mipo Dockyard Co. Lt. of South Korea and SPP. Two
are expected to be delivered to the Company by April 2013 and the
remaining 14 within 2014. The Company also has fixed-price options to
construct a total of 14 additional newbuilding product tankers at these
yards.
SHIPBUILDING
03 February 2013 - 20:43
Scorpio Orders Four MR Product Tankers from South Korea
Scorpio Tankers Inc. announced that it has reached an agreement with SPP Shipbuilding Co., Ltd. of South Korea (“SPP”) for the construction of four MR product tankers for approximately $32.5 million each.
SHIPBUILDING
03 February 2013 - 20:43
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