Scorpio Tankers Locks In Three-Year Charters for Tanker Trio
Monaco-based Scorpio Tankers has fixed three product tankers on three-year time charters, generating more than $110m in aggregate gross revenue.
Monaco-headquartered product tanker owner Scorpio Tankers has secured three-year term employment for three vessels in its fleet, locking in substantial forward earnings.
The commercial agreements are set to generate more than $110 million in aggregate gross revenue over the duration of the contracts, according to the disclosed headline rates for the tonnage.
Under the leadership of Emanuele Lauro, the company committed two Long Range 2 (LR2) tankers, with both charters scheduled to commence within the month. The LR2 vessel STI Gladiator was fixed at a daily rate of $40,188, while the STI Jermyn secured $42,500 per day for its three-year term.
The third vessel included in the multi-year charter arrangements is the Medium Range (MR) tanker STI Pontiac, completing the group of recent term fixtures.
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