Read Authentic Ratings for the Sti-Lobelia

In a significant move for the shipping industry, Scorpio Tankers has announced its agreement to acquire a total of 19 vessels from Trafigura Maritime Logistics. This deal, valued at USD 803 million, includes both cash and shares, comprising USD 668 million in cash and 4.7 million shares priced at $29.00 each. The acquisition encompasses four LR2 vessels, built by New Times in China, in addition to 15 MR2 tankers constructed by Hyundai-Vinashin in Vietnam. The LR2 vessels included in this package are the 'Marlin Lavender' (IMO: 111/2019), 'Marlin Lily' (IMO: 111/2019), 'Marlin Lobelia' (IMO: 111/2018), and 'Marlin Lotus' (IMO: 111/2018). The MR2 segment consists of a fleet of 15 vessels including the 'Marlin Magic' (IMO: 50/2018), 'Marlin Magnetic' (IMO: 50/2019), 'Marlin Majestic' (IMO: 50/2018), 'Marlin Marshall' (IMO: 50/2019), 'Marlin Marvel' (IMO: 50/2019), 'Marlin Master' (IMO: 50/2019), 'Marlin Maverick' (IMO: 50/2019), 'Marlin Maximus' (IMO: 50/2019), 'Marlin Mighty' (IMO: 50/2019), 'Marlin Millennia' (IMO: 50/2019), 'Marlin Miracle' (IMO: 50/2019), 'Marlin Modest' (IMO: 50/2019), 'Marlin Mystery' (IMO: 50/2019), and 'Marlin Mythic' (IMO: 50/2019). Additionally, the deal includes the 'Hyundai Vinashin S469' (IMO: 50/2019). Notably, all vessels in this deal come equipped with scrubbers, reflecting a commitment to environmental standards and compliance. This strategic acquisition marks a new chapter for Scorpio Tankers as the company continues to strengthen its position in the maritime logistics sector.