Scorpio Tankers Inc. announced on Wednesday (September 5th) that it has taken delivery of STI Ruby, the third MR vessel under its previously announced Newbuilding program.
STI Ruby is the third of ten vessels scheduled for delivery under the Company’s Newbuilding program. Upon delivery, the vessel began a time charter for up to 120 days at $18,250 per day plus an adjustment based on the fuel consumption. The vessel was partially financed by drawing down $23.0 million on its Newbuilding Credit Facility with Credit Agricole Corporate and Investment Bank and Skandinaviska Enskilda Banken AB.
Source: Scorpio Tankers, September 7, 2012