Scorpio Tankers Reports Newbuilding Deals for Four LPG, Four Product Tankers

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.