Date: as of March 9, 2011 STI SPIRIT SHIPPING COMPANY LIMITED as Borrower SCORPIO TANKERS INC. as Guarantor THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders – and – DVB BANK SE asArranger, Agent and as Security TrusteeLoan Agreement • April 21st, 2011 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight • New York
