NYSE-listed Scorpio Tankers has agreed to sell a pair of MR product tankers for a total of $56.4m.
The two 2013-built tankers, STI Sapphire and STI Emerald, are expected to be delivered to their new undisclosed owners in June 2017.
Scorpio said it will use the funds to repay the $27.6m outstanding secured debt owed on the vessels, while it will also record a write-down of around $9.3m on the sale.