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BRIEF-Scorpio Tankers announces amendments to its management agreements

Sept 29 Scorpio Tankers Inc

* Effective date of amendments is September 29, 2016

* Scorpio Tankers Inc. announces amendments to its management agreements

* Under terms of amendments, fee of 1% payable to ssh upon any future vessel sale or purchase will be eliminated

* Under amendment,notice period to terminate commercial ,technical management agreements will be reduced from two years to three months

* Under amendment, a fee equal to three months of management fees will be payable to SCM and SSM upon termination Source text for Eikon: Further company coverage:

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