SCORPIO TANKERS


Associated tags: Transport, LR2, Handymax, STNG, NYSE

Locations: ASIA, EUROPE, NEW YORK CITY, LONDON, UNITED STATES, NEW YORK, NY, US, MR, PONTIAC

Scorpio Tankers Inc. Announces Availability of 2023 Annual Report on Form 20-F

Retrieved on: 
Friday, March 22, 2024

MONACO, March 22, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the Securities and Exchange Commission and can be accessed on the Company’s website www.scorpiotankers.com in the Investors section under Reports and Presentations.

Key Points: 
  • MONACO, March 22, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the Securities and Exchange Commission and can be accessed on the Company’s website www.scorpiotankers.com in the Investors section under Reports and Presentations.
  • Shareholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2023 audited financial statements, free of charge, by contacting the Company at:

Scorpio Tankers Inc. Announces Agreements to Sell Two MR Product Tankers

Retrieved on: 
Wednesday, March 20, 2024

MONACO, March 20, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two 2013 built MR product tankers, STI Larvotto and STI Le Rocher, for $36.15 million per vessel.

Key Points: 
  • MONACO, March 20, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two 2013 built MR product tankers, STI Larvotto and STI Le Rocher, for $36.15 million per vessel.
  • The Company will make no debt repayments associated with these sales as these vessels are unencumbered.
  • The sales are expected to close within the first half of 2024.

REMINDER - Leading LNG, LPG, Crude & Product Tanker Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • 1x1 meetings between shipping companies and institutional investors only.
  • In addition, Capital Link organizes a series of investment conferences a year in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities.
  • Capital Link is a member of the Baltic Exchange.
  • Based in New York City, Capital Link has presence in London, Athens & Oslo.

Scorpio Tankers Inc. Announces MOU Licensing FOWE Fuel-Saving Devices for Entire Fleet

Retrieved on: 
Thursday, February 22, 2024

MONACO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the Company has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions Ltd. (“FOWE”) fuel emulsion systems across its entire fleet.

Key Points: 
  • MONACO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the Company has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions Ltd. (“FOWE”) fuel emulsion systems across its entire fleet.
  • The terms of the licensing agreement will require no material upfront costs for the Company and is expected to result in an overall reduction of at least 3% in fuel costs and 100,000 tons of carbon emissions annually.
  • Mr. Emanuele Lauro, Chairman and CEO of the Company, commented, “In terms of financial and environmental benefits, the FOWE system stands out for its clear and immediate advantages.
  • Our technology produces a permanent emulsion with no additives, resulting in cleaner and more complete combustion and significantly lower greenhouse gas emissions.

Scorpio Tankers Inc. Announces Purchase of Call Options by the President of the Company

Retrieved on: 
Thursday, February 15, 2024

MONACO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 555,600 common shares (or 5,556 call option contracts) of the Company for total consideration of $7.0 million.

Key Points: 
  • MONACO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 555,600 common shares (or 5,556 call option contracts) of the Company for total consideration of $7.0 million.
  • The call option contracts have a strike price of $60.00 and an expiration of September 2024.

Leading LNG, LPG, Crude & Product Tanker Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum

Retrieved on: 
Tuesday, February 13, 2024

It is a meeting place for C-level Executives from the maritime industry and the finance and investment communities involved with shipping.

Key Points: 
  • It is a meeting place for C-level Executives from the maritime industry and the finance and investment communities involved with shipping.
  • The Forum will examine the macroeconomic issues that are shaping and transforming the international shipping markets today, featuring a comprehensive review and outlook of the various shipping markets, made more relevant by the release of companies’ annual results.
  • Discussions will include topics of critical relevance to the industry geopolitics, energy security, sanctions, access to capital, regulation, technology, innovation and more.
  • The Forum features a series of panel discussions as well as 1x1 meetings between investors and executives from shipping companies.

Scorpio Tankers Inc. Announces that on February 14, 2024 the Company will Issue Fourth Quarter 2023 Results and have a Conference Call

Retrieved on: 
Monday, January 29, 2024

MONACO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Wednesday February 14, 2024, the Company will issue its fourth quarter 2023 earnings press release in the morning (Eastern Standard Time) and host a conference call at 9:00 AM Eastern Standard Time and 3:00 PM Central European Time.

Key Points: 
  • MONACO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Wednesday February 14, 2024, the Company will issue its fourth quarter 2023 earnings press release in the morning (Eastern Standard Time) and host a conference call at 9:00 AM Eastern Standard Time and 3:00 PM Central European Time.
  • The conference call will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com and the webcast link:
    Participants for the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
  • The conference will also be available telephonically:
    Please ask to join the Scorpio Tankers Inc. call
    Participants should dial into the call 10 minutes before the scheduled time.

Scorpio Tankers Inc. Announces an Agreement to Sell an MR Product Tanker and the Exercise of Purchase Options on Five Ships

Retrieved on: 
Tuesday, January 16, 2024

MONACO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five ships.

Key Points: 
  • MONACO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five ships.
  • The Company has entered into an agreement to sell the 2015 built MR product tanker, STI Tribeca, for $39.1 million.
  • The sale of this vessel is expected to close within the first quarter of 2024.
  • The Company has given notice to exercise its purchase options on one 2015 built MR product tanker (STI Westminster) and four 2014 built Handymax product tankers (STI Brixton, STI Comandante, STI Pimlico and STI Finchley).

Register for Capital Link’s 2024 Virtual Corporate Presentation Series

Retrieved on: 
Friday, January 5, 2024

Founded in 1995, Capital Link provides Investor & Public Relations and Media services to several listed and private companies, including companies featured in these webinars.

Key Points: 
  • Founded in 1995, Capital Link provides Investor & Public Relations and Media services to several listed and private companies, including companies featured in these webinars.
  • The views expressed are not those of Capital Link which bears no responsibility for them.
  • Based in New York City, Capital Link has presence in London, Athens & Oslo.
  • For additional information, please visit: www.capitallink.com
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