It just looked like a Scorpio Tankers deal.

While broker reports have noted the fixture of the 109,900-dwt STI Lily — the STI prefix typically denoting a Scorpio tanker — for 36 months at a robust $40,000 a day, it will not be Scorpio reaping the benefit.

Bugbee on Poseidon Principles: ‘It’s fantastic, it’s brilliant, but it’s nothing’
 Read more

Scorpio confirmed earlier this month that it had sold the 2019-built LR2 to unidentified buyers for a strong price of $73.5m.