Scorpio Tankers buying back more ships

Monaco-headquartered Scorpio Tankers has revealed another series of vessel repurchases tied to debt or lease financing. The Emanuele Lauro-led product tanker giant with a fleet of 111 ships will free 13 ships of debt or lease obligations, including three 2013-built MR units STI Beryl, STI Le Rocher, and STI Larvotto in a $29.1m deal expected …

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