MARKETS
Markets

Scorpio Tankers To Sell Three Product Tankers For $180.5M And Purchase Four Newbuild Vessels For $207.8M

Sep 29, 2026 · 06:46 AM ET· updated 50m ago

Vessel SalesThe Company has entered into agreements to sell three product tankers comprising the 2014 built scrubber-fitted MR product tanker, STI Dama, for $37.5 million, the 2014 built scrubber-fitted LR2 product

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Why It Matters

Scorpio Tankers is selling three older ships and buying four new ones. This swap shows the company is investing in newer, better equipment for its business.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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