Independent journal on economy and transport policy
18:42 GMT+1
This page has been automatically translated by Original news
Scorpio Tankers melts with the Navig8 Product Tankers buying some the fleet
27 product will come acquired tanker
May 25, 2017
Scorpio Tankers, the presided Monegasque shipowning company by Emanuele Lauro, will melt with the Navig8 Product Tankers, shipowning society with center in the Marshall Islands, acquiring some 27 ships product tanker (12 LR1 and 15 LR2) of the medium age 0,9-year-old and the total ability to 2,6 million gross capacities in tons, of which four before the completion of the operation and others to happened 23 fusion, in exchange for the emission of 55 million classified common stocks of the Scorpio to the shareholders of the Navig8 and the payment of 42,2 million dollars.
With the acquisition, the fleet of the Scorpio Tankers will go up to 105 tankers of property, of which 12 LR1, 32 LR2, 41 MR and 14 Handymax, with a medium age 1,9-year-old and 19 ships rental (a LR2, nine MR and nine Handymax), to which orders of the company will join to six ships MR of new construction in the pocketbook currently that they will be taken in delivery within the first trimester of the next year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher