MR product tankers

Scorpio Tankers Announces Sale Of An MR Product Tanker

Credit: natalya-letunova-unsplash

Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced the sale of the 2013 built MR product tanker, STI Ville, for $32.5 million in July 2023.  As the vessel is unencumbered, the Company will make no debt repayments associated with this sale.  

Forward Looking Statements

Matters discussed in this press release may constitute forward‐looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections...

https://mfame.guru/scorpio-tankers-announces-sale-of-an-mr-product-tanker/

FSL Trust Seals MR Tanker Sale Deal

FSL Trust sealed a deal to sell its 2007-built MR product tanker, says a press release published on their website.

Sale details

Singapore’s FSL Trust Management has sealed a deal to sell its 2007-built MR product tanker FSL Osaka.

The vessel was sold to an unaffiliated third party. She was most recently operating in a Hafnia pool.

Sale price 

FSL did not reveal the buyer or the price it was sold for and said that details will be revealed after the completion of the sale deal. However, according to...

https://mfame.guru/fsl-trust-seals-mr-tanker-sale-deal/

Scorpio Tankers Updates its Financial Activities

  • Scorpio Tankers Inc. announced today that it has received a commitment to sell and leaseback three MR product tankers.
  • The three tankers are (STI Memphis, STI Soho, and STI Osceola) and one LR2 product tanker (STI Lombard) to AVIC International Leasing Co., Ltd. Upon completion.
  • The Company’s liquidity is expected to increase by about $32 million in aggregate after the repayment of outstanding debt.
  • The terms and conditions of these arrangements are similar to those set forth in the Company’s...

https://mfame.guru/scorpio-tankers-updates-its-financial-activities/