Port News

Scorpio Tankers offloads four LR2s and lines up fresh MR newbuilds

New York-listed owner Scorpio Tankers is reshaping its fleet and balance sheet with a package of vessel sales, newbuilding plans and debt repayments. The Emanuele Lauro-led company said it has agreed to sell four LR2 product tankers for a combined $285.8m while also signing a letter of intent for two scrubber-fitted MR newbuildings in China. …

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