Scorpio Tankers has penned a sale and leaseback deal that should improve liquidity by $42m.
The Emanuele Lauro-led owner has entered a deal to offload three medium-range (MR) product tankers and two long-range-two (LR2) product tankers to AVIC International Leasing.
The 50,000-dwt MRs include the STI Ville and STI Fontvieille (both built 2013) and STI Brooklyn (built 2015).
The two LR2s are the 115,300-dwt STI Rose (built 2013) and 110,000-dwt STI Rambla (built 2017).
