STI MERAUX
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Scorpio Tankers takes delivery of MR tanker STI Meraux from S.Korean shipyard
Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") announced that it has taken delivery of an MR tanker, STI Meraux, from SPP Shipbuilding Co. Ltd. of South Korea. After delivery, this vessel began a one year time charter at a rate level consistent with current one year time charter contracts, which includes a profit sharing mechanism whereby earnings in excess of the base time charter rate will be split between the Company and charterer, the Company said in a press release.
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