Scorpio Tankers Signs LOI to Build Two Tankers in South Korea-March 2024-www.financetom.com

Scorpio Tankers Signs LOI to Build Two Tankers in South Korea

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Scorpio Tankers Signs LOI to Build Two Tankers in South Korea

Nov 11, 2025 5:51 AM

08:16 AM EST, 11/11/2025 (MT Newswires) -- Scorpio Tankers ( STNG ) said Tuesday it has signed letters of intent to build two very large crude carriers at Hanwha Ocean Company in South Korea for $128 million each.

The company said deliveries are expected in Q3 and Q4 2028.

Separately, Scorpio Tankers ( STNG ) said it sold 2.38 million shares of DHT Holding (DHT) at an average price of $13.25 per share.

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