OUR FLEET

 

  Vessel Name Year Built DWT Ice Class Employment Vessel type Daily Base Rate Expiry (8)
Owned Vessels STI Highlander 2007 37,145 1A SHTP (1) Handymax    
  STI Brixton 2014 38,000 1A SHTP (1) Handymax    
  STI Comandante 2014 38,704 1A SHTP (1) Handymax    
  STI Pimlico 2014 38,000 1A Spot Handymax    
  STI Hackney 2014 38,000 1A SHTP (1) Handymax    
  STI Acton 2014 38,000 1A Spot Handymax    
  STI Fulham 2014 38,000 1A Spot Handymax    
  STI Camden 2014 38,000 1A Spot Handymax    
  STI Battersea 2014 38,000 1A Spot Handymax    
  STI Wembley 2014 38,000 1A Spot Handymax    
  STI Finchley 2014 38,000 1A Spot Handymax    
  STI Clapham 2014 38,000 1A Spot Handymax    
  STI Poplar 2014 38,000 1A Spot Handymax    
  STI Hammersmith 2015 38,000 1A Spot Handymax    
  STI Rotherhithe 2015 38,000 1A Spot Handymax    
  STI Amber 2012 52,000 - SMRP (4) MR    
  STI Topaz 2012 52,000 - SMRP (4) MR    
  STI Ruby 2012 52,000 - SMRP (4) MR    
  STI Garnet 2012 52,000 - SMRP (4) MR    
  STI Onyx 2012 52,000

-

SMRP (4) MR    
  STI Sapphire 2013 52,000 - SMRP (4) MR    
  STI Emerald 2013 52,000 - SMRP (4) MR    
  STI Beryl 2013 52,000 - SMRP (4) MR    
  STI Le Rocher 2013 52,000 - SMRP (4) MR    
  STI Larvotto 2013 52,000 - SMRP (4) MR    
  STI Fontvieille 2013 52,000 - SMRP (4) MR    
  STI Ville 2013 52,000 - SMRP (4) MR    
  STI Duchessa 2014 52,000 - SMRP (4) MR    
  STI Opera 2014 52,000 - SMRP (4) MR    
  STI Texas City 2014 52,000 - Time Charter (5) MR    
  STI Meraux 2014 52,000 - Time Charter (6) MR    
  STI Chelsea 2014 52,000 - SMRP (4) MR    
  STI Lexington 2014 52,000 - SMRP (4) MR    
  STI San Antonio 2014 52,000 - Time Charter (6) MR    
  STI Venere 2014 52,000 - SMRP (4) MR    
  STI Virtus 2014 52,000 - Spot MR    
  STI Powai 2014 52,000 - SMRP (4) MR    
  STI Aqua 2014 52,000 - Spot MR    
  STI Dama 2014 52,000 - SMRP (4) MR    
  STI Olivia 2014 52,000 - SMRP (4) MR    
  STI Mythos 2014 52,000 - Spot MR    
  STI Benicia 2014 52,000 - Time Charter (6) MR    
  STI Regina 2014 52,000 - Spot MR    
  STI St. Charles 2014 52,000 - Spot MR    
  STI Mayfair 2014 52,000 - Spot MR    
  STI Yorkville 2014 52,000 - Spot MR    
  STI Milwaukee 2014 52,000 - Spot MR    
  STI Battery 2014 52,000 - Spot MR    
  STI Soho 2014 52,000 - Spot MR    
  STI Tribeca 2015 52,000 - Spot MR    
  STI Gramercy 2015 52,000 - Spot MR    
  STI Bronx 2015 52,000 - Spot MR    
  STI Manhattan 2015 52,000 - Spot MR    
  STI Pontiac 2015 52,000 - SMRP (4) MR    
  STI Queens 2015 52,000 - Spot MR    
  STI Osceola 2015 52,000 - Spot MR    
  STI Notting Hill 2015 52,000 1B Spot MR    
  STI Seneca 2015 52,000 - Spot MR    
  STI Westminster 2015 52,000 1B Spot MR    
  STI Brooklyn 2015 52,000 - Spot MR    
  STI Elysees 2014 109,999 - SLR2P (3) LR2    
  STI Madison 2014 109,999 - SLR2P (3) LR2    
  STI Park 2014 109,999 - SLR2P (3) LR2    
  STI Orchard 2014 109,999 - SLR2P (3) LR2    
  STI Sloane 2014 109,999 - SLR2P (3) LR2    
  STI Broadway 2014 109,999 - SLR2P (3) LR2    
  STI Condotti 2014 109,999 - SLR2P (3) LR2    
  STI Rose 2015 109,999 - SLR2P (3) LR2    
  STI Veneto 2015 109,999 - SLR2P (3) LR2    
  STI Alexis 2015 109,999 - SLR2P (3) LR2    
  STI Winnie 2015 109,999 - SLR2P (3) LR2    
  STI Oxford 2015 109,999 - SLR2P (3) LR2    
  STI Lauren 2015 109,999 - SLR2P (3) LR2    
  STI Connaught 2015 109,999   SLR2P (3) LR2    
  STI Spiga 2015 109,999   SLR2P (3) LR2    
  STI Savile Row 2015 109,999   SLR2P (3) LR2    
                 
  Total Owned DWT  

4,669,129
         
                 
Time Chartered-In
Vessels
Kraslava 2007 37,258 1B SHTP (1) Handymax $ 14,150 18-May-16 (8)
  Krisjanis Valdemars 2007 37,266 1B SHTP (1) Handymax $ 14,150 1-May-16 (9)
  Iver Prosperity 2007 37,412 - SHTP (1) Handymax $13,500 03-Apr-16 (10)
  Histria Coral 2006 40,426 - SHTP (1) Handymax $ 13,550 31-Aug-15 
  Histria Perla 2005 40,471 - SHTP (1) Handymax $ 13,550 31-Oct-15
  Miss Mariarosaria 2011 47,499   SMRP(4) MR $15,250 26-Nov-15 (11)
  Vukovar 2015 49,990   Spot MR $17,034 01-May-18 
 

Targale

2007 49,999 - SMRP (4) MR $ 14,850 17-May-16 (12)
  Gan-Trust 2013 51,561 - SMRP (4) MR $ 16,250 06-Jan-16 (13)
  SN Federica 2003 72,344 - SPTP (2) LR1 $ 11,250 15-May-15 (14)
  King Douglas 2008 73,666 - SPTP (2) LR1 $ 15,000 08-Nov-15
  Hellespont Progress 2006 73,728 - SPTP (2) LR1 $16,250 18-Mar-16 (15)
  FPMC P Eagle 2009 73,800 - SPTP  (2) LR1 $ 14,525 01-Oct-15 
  Swarna Jayanti 2010 104,895 - SLR2P (3) LR2 $ 15,000 15-Sep-15 
  Densa Crocodile 2015 105,408 - SLR2P (3) LR2 $21,050 07-Feb-16 (16)
  Densa Alligator 2013 105,708 - SLR2P (3) LR2 $17,550 17-Sep-16 (17)
  Khawr Aladid 2006 106,003 - SLR2P (3) LR2 $ 15,400 01-Aug-15
  Total TC DWT  

1,107,434
         
                 
Newbuilds Currently Under Construction      

 

 

 

   
  Hull no. 2473 Q3-15 52,000     MR   (18)
  Hull no. S3120 Q4-16 109,999     LR2   (19)
  Hull no. S3121 Q3-16 109,999     LR2   (19)
  Hull no. S3094 Q3-15 109,999     LR2   (19)
  Hull no. S3079 Q3-15 109,999     LR2   (19)
  Hull no. 5003 Q1-16 109,999     LR2   (20)
  Hull no. 5004 Q2-16 109,999     LR2   (20)
  Hull no. 5024 Q3-15 109,999     LR2   (21)
 

Total NB DWT

  821,993          
  Grand Total DWT   6,598,556          

 
  1. This vessel operates in or is expected to operate in the Scorpio Handymax Tanker Pool (SHTP). SHTP is operated by Scorpio Commercial Management (SCM). SHTP and SCM are related parties to the Company.
  2. This vessel operates in or is expected to operate in the Scorpio Panamax Tanker Pool (SPTP). SPTP is operated by SCM. SPTP is a related party to the Company.
  3. This vessel operates in or is expected to operate in the Scorpio LR2 Pool (SLR2P). SLR2P is operated by SCM. SLR2P is a related party to the Company.
  4. This vessel operates in or is expected to operate in the Scorpio MR Pool (SMRP). SMRP is operated by SCM. SMRP is a related party to the Company.
  5. This vessel is on a time charter agreement for two years expiring in March 2016, which also contains a 50% profit sharing provision whereby we split all of the vessel's profits above the daily base rate with the charterer.
  6. This vessel is one of three vessels on a one year time charter agreement for one year that expires between May and September 2015. These agreements contain a 50% profit sharing provision whereby we split all of the vessel's profits above the daily base rate with the charterer.
  7. Redelivery from the charterer is plus or minus 30 days from the expiry date.
  8. In April 2015, we declared an option to extend the charter for an additional year at $14,150 per day effective May 2015.
  9. In April 2015, we declared an option to extend the charter for an additional year at $14,150 per day effective May 2015.
  10. In September, we declared an option to extend the charter for an additional year at $13,500 per day effective March 3, 2015.

  11. We have options to extend the charter for up to two consecutive year periods at $15,250 per day and $16,350 per day, respectively..
  12. In March 2015, we declared an option to extend the charter for an additional year at $15,200 per day effective May 2015. We have an iption to extend the charter for an additional year at $16,200 per day/.

  13. The rate for the first year of this agreement was $15,750 per day, the rate for the second year is $16,250 per day, and the rate for the third year is $16,750 per day. We have options to extend the charter for up to two consecutive one year periods at $17,500 and $18,000 per day, respectively.

  14. We have an option to extend the charter for an additional year at $12,500 per day.  We have also entered into an agreement with the vessel's owner whereby we split all of the vessel's profits above the daily base rate.

  15. We have an option to extend the charter for an additional year at $17,250 per day.

  16. We have entered into an agreement with a third party whereby we wplit all of the vessel's profits and losses above or below the daily base rate. We have an option to extend the charter for an additional year at $22,600 per day.

  17. In April 2015, we extended the charter for an additional year at $24,875 per day effective September 2015. We have an option to extend the charter for an additional year at $26,925 per day.

  18. This newbuilding vessel is being constructed at HMD (Hyundai Mipo Dockyard Co. Ltd. of South Korea).  This vessel is expected to be delivered in the third quarter of 2015.

  19. These newbuilding vessels are being constructed at SSME (Sungdong Shipbuilding & Marine Engineering Co., Ltd). Two vessels are expected to be delivered in the third quarter 2015, one in the third quarter 2016, and one in the fourth quarter of 2016.

  20. These newbuilding vessels are being constructed at DHSC (Daehan Shipbuilding Co. Ltd). These two vessel are expected to be delivered in the  second quarter of 2016.

  21. This newbuilding vessel is being constructed at DHSC. This vessel is schedfuled to be delivered in August 2015, where the Company will bareboat charter-in the vessel for up to nine months and purchase the vessel at the conclusion of the bareboat charter.