Scorpio Tankers has agreed another four sale and leaseback deals, bringing the total number of vessels offloaded in recent weeks to 21.

The New York-listed company said the latest transaction involves two MRs, the 50,000-dwt STI Gramercy and STI Queens (both built 2015), and two LR2s: the 110,000-dwt STI Oxford (built 2015) and STI Selatar (built 2017).

The buyer in the two separate sales is an unnamed international financial institution.