The New York-listed product tanker owner Scorpio Tankers has entered into an agreement to sell its 2020-built scrubber-fitted MR product tanker, STI Maestro.

The sale price is $42.0m and the sale is expected to close within the fourth quarter of 2025.

Scorpio Tankers Inc. currently owns or lease finances 99 product tankers (38 LR2 tankers, 47 MR tankers and 14 handymax tankers) with an average age of 9.5 years.

The company has entered into an agreement to sell one of its MR tankers, which is expected to close in the fourth quarter of 2025.