Scorpio Tankers Inc. STNG (the "Company") announced today that it has reached agreements
to construct four Very Large Gas Carriers ("VLGC") at two yards in
South Korea along with two MR and two Handymax ice class-1A fuel
efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South
Korea ("HMD"). Additionally, the Company took delivery of the
eleventh vessel under its Newbuilding program at HMD, STI
Fontvieille.
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