Scorpio Tankers Fixes Out LR2 Over Three Years

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Credits: Venti Views/ Unsplash

Monaco-headquartered Scorpio Tankers has bagged a new long-term charter out deal worth nearly $44m, says an article published on splash.

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The New York-listed company has fixed an unnamed scrubbed-fitted LR2 to an undisclosed client for three years.

The charter commences in April this year at $40,000 per day corresponding to around $43.8m in fixed revenue.

Leaseback deal

Emanuele Lauro-led Scorpio Tankers sports a fleet of 113 product tankers. The company recently exercised an option to buy back six ships under sale and leaseback deal slashing its debt by nearly $150m.

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Source: Splash