The 51,561-dwt Gan Trust, which is under construction at Hyundai Mipo Dockyard of South Korea and due for delivery in January 2013, was locked in for 36 months.
When the MR hits the water Scorpio says it will pay $15,750 daily in the first year, $16,250 in the second and $16,750 in the third in a deal that includes two consecutive one-year options at a rate of $17,500 and $18,000 per day, respectively.
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