(EIGHT.OTC) takes delivery of two product tankers, one from each of Sungdong Shipbuilding & Marine Engineering Co. Ltd. and STX Offshore & Shipbuilding Co. Ltd.

January 6, 2016

Navig8 Product Tankers Inc (N-OTC: EIGHT) (the "Company") is pleased to announce that it has today taken delivery of one LR2 115k-dwt product tanker m.t. "NAVIG8 STABILITY" from Sungdong Shipbuilding & Marine Engineering Co, Ltd.

The Company has also today taken delivery of one LR1 74k-dwt product tanker m.t. "NAVIG8 EXCELSIOR" from STX Offshore & Shipbuilding Co. Ltd.

NAVIG8 STABILITY and NAVIG8 EXCELSIOR will enter and be operated in Navig8's ALPHA8 and LR8 pools respectively.

Navig8 Group press release