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Stock impact report

Scorpio Tankers Inc. Announces Agreements to Sell Four MR Product Tankers and to Purchase Four MR Newbuilding Vessels

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: GlobeNewswire
MONACO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell four of its 2014 built MR product tankers and has agreed to purchase four MR newbuilding resales with deliveries in 2026 and 2027. Vessel Sales The Company has entered into agreements to sell four 2014 built scrubber-fitted MR product tankers, STI Battery, STI Venere, STI Milwaukee and STI Yorkville, for $32.0 million per vessel. The sales are expected to close within the first quarter of 2026. These vessels are financed on the Company’s 2023 $225.0 Million Revolving Credit Facility and there is currently $7.3 million of debt outstanding per vessel. Newbuilding MRs The Company has agreed to purchase four scrubber-fitted MR newbuildings, which are currently under construction at Jingjiang Nanyang Shipbuilding Co., Ltd. in China. The purchase price is $45.0 million per vessel and the expected deliveries are one Show less Read more
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