Scorpio Tankers has continued to refinance its fleet and build liquidity with another sale-and-leaseback deal.
The New York-listed company said three MR tankers and an LR2 have gone to AVIC International Leasing of China in a transaction that adds $32m in cash after debts are paid off.
The ships involved are the 50,000-dwt STI Memphis and STI Soho (both built 2014) and STI Osceola (built 2015), and 110,000 STI Lombard (built 2015).
