Scorpio Tankers orders four new scrubber‑fitted vessels and sells three older tankers
Scorpio Tankers announced the purchase of four new scrubber‑fitted product tankers from Chinese shipyards – two LR2s at $72.8 million each and two VLCCs at $135 million each – with delivery expected in 2028‑2029. The company also plans to divest three existing scrubber‑fitted tankers for $180.5 million by the end of 2026. The moves are intended to modernize its 74‑vessel fleet, which currently has an average age of 10.2 years.
Why it matters
The new builds and sales will lower the average age of Scorpio’s fleet, potentially reducing fuel and maintenance costs and improving operational efficiency. Investors may see a shift in capital allocation from older assets to newer, more compliant vessels.
Key facts
- 1Scorpio Tankers ordered four scrubber‑fitted tankers from Chinese shipyards. shipandbunker.com
- 2The order includes two LR2 vessels at $72.8 million each. shipandbunker.com
- 3The order includes two VLCC vessels at $135 million each. shipandbunker.com
- 4Deliveries of the new vessels are scheduled for 2028‑2029. shipandbunker.com
- 5Scorpio plans to sell three existing scrubber‑fitted tankers for $180.5 million by the end of 2026. shipandbunker.com
- 6The company operates 74 product tankers with an average fleet age of 10.2 years. shipandbunker.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.