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Scorpio Tankers Signs Letters Of Intent To Construct Two Crude Carriers At Hanwha Ocean, South Korea For $128M Per Vessel

Author: Benzinga Newsdesk | November 11, 2025 07:45am

Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has signed letters of intent to construct two Very Large Crude Carriers ("VLCCs") at Hanwha Ocean Co. Ltd., South Korea.  The purchase price is $128 million per vessel with deliveries expected in the third and fourth quarters of 2028. 

Posted In: STNG


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