{"id":31458,"date":"2022-09-22T17:53:56","date_gmt":"2022-09-22T14:53:56","guid":{"rendered":"https:\/\/www.al-sindbad.net\/scorpio-tankers-declares-purchase-option-on-lr2\/31458\/"},"modified":"2022-09-22T17:53:56","modified_gmt":"2022-09-22T14:53:56","slug":"scorpio-tankers-declares-purchase-option-on-lr2","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/scorpio-tankers-declares-purchase-option-on-lr2\/31458\/","title":{"rendered":"Scorpio Tankers declares purchase option on LR2"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Monaco-headquartered Scorpio Tankers has exercised an option to buy the 2016-built LR2 product tanker<br \/>\n\t\t\t<span style=\"color:#00adeb;\" class=\"mt_tooltip\" data-mturl=\"\/en\/ais\/details\/ships\/shipid:3904421\/mmsi:538006078\/vessel:3904421\" data-info=\"STI SANCTITY [MH]\" data-photourl=\"https:\/\/www.al-sindbad.net\/file\/2022\/09\/Scorpio-Tankers-declares-purchase-option-on-LR2.aspx.jpeg\" data-assetname=\"9719707\" data-assettype=\"IMO number\">STI Sanctity<\/span> from Norway\u2019s Ocean Yield.<\/p>\n<p>This 110,000 dwt vessel, which is currently leased, was acquired as part of the acquisition of Navig8 Product Tankers in 2017.<\/p>\n<p>The New York-listed company said the purchase, expected to occur in the first quarter of 2023, should result in a debt reduction of $27.8m.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>Emanuele Lauro-led Scorpio Tankers <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/scorpio-tankers-exercises-purchase-options-on-another-eight-ships\/\" target=\"_blank\" rel=\"noreferrer noopener\">earlier in September<\/a><\/span> exercised purchase options on eight ships that were sold and leased back in the third quarter of 2018. Completion of this deal is expected to occur in the fourth quarter of 2022, resulting in a debt reduction of $133m.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/monaco\/\" rel=\"tag\">Monaco<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monaco-headquartered Scorpio Tankers has exercised an option to buy the 2016-built LR2 product tanker STI Sanctity from Norway\u2019s Ocean Yield. This 110,000 dwt vessel, which is currently leased, was acquired as part of the acquisition of Navig8 Product Tankers in 2017. The New York-listed company said the purchase, expected to occur in the first quarter &hellip;<\/p>\n","protected":false},"author":1,"featured_media":31459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-31458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/31458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=31458"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/31458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/31459"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=31458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=31458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=31458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}