Scorpio Tankers Inc has taken delivery of STI Gladiator and STI Highlander. The aggregate purchase price for both vessels was $50.0 million. STI Gladiator and STI Highlander are the final two of the six vessels the company previously agreed to acquire in April and May 2010.
STI Gladiator, a 40,000-dead-weight-ton (DWT) product tanker, was built in 2003 at Shina Shipbuilding Co Ltd in South Korea, and STI Highlander, a 37,000-DWT product tanker, was built in 2007 at Hyundai Mipo Dockyard in South Korea. The vessels will participate in the Scorpio Handymax Tanker Pool, which is owned by a related party and includes a total fleet of 36 vessels.
More information is available at www.scorpiotankers.com.