By: Benzinga
February 28, 2013 at 08:43 AM EST
Scorpio Tankers Announces Six Newbuilding Contracts
Scorpio Tankers Inc. (NYSE: STNG ) (the "Company") announced today that it has exercised options with Hyundai Mipo Dockyard Co., Ltd. of South Korea ("HMD") for the construction of four MR Product tankers for approximately $33.0 million each and two Handymax ice class-1A (37,000 DWT) product tankers for approximately $31.25 million each. The
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