Scorpio Tankers has declared options for two more scrubber-fitted LR2 product tankers at China’s Dalian Shipbuilding Industry Co, doubling its order at the yard to four vessels.
The New York-listed owner revealed the move alongside its fourth-quarter 2025 earnings, confirming that the two option ships are priced at $68.5m each. Deliveries are scheduled for the third and fourth quarters of 2029.
The decision takes Scorpio’s overall newbuilding orderbook to 10 ships.
The latest order builds on a fleet renewal move unveiled in December, when the Monaco-headquartered company agreed to sell two 2016-built LR2s — STI Goal and STI Gallantry — for $52.3m apiece. At the same time, the owner lined up two scrubber-fitted LR2 newbuildings at Dalian for $70.8m per vessel, with delivery set for the third quarter of 2027.
By declaring the options, Scorpio is extending that renewal programme further into the decade, locking in additional modern tonnage while continuing to phase out older ships.
The Emanuele Lauro-led company currently operates a fleet of 91 product tankers. Beyond the four LR2s at Dalian, its orderbook includes four MR tankers due for delivery in 2026 and 2027, as well as two VLCCs slated for the second half of 2028.
