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Stock impact report

Scorpio Tankers Inc. Announces Vessel Sale Agreements and Time Charter-Out Agreements

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, March 05, 2026 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it has entered into agreements to sell three product tankers and time charter-out two product tankers. Vessel Sales The Company has entered into agreements to sell two 2015 built scrubber-fitted MR product tankers, STI Seneca and STI Osceola, for $35.0 million per vessel and a 2015 built scrubber-fitted LR2 product tanker, STI Solidarity, for $60.0 million. The sale of these vessels is expected to close within the first or second quarter of 2026. The vessels are currently financed on the Company’s 2023 $1.0 Billion Credit Facility with an aggregate outstanding debt balance of $20.2 million. Time Charter-Out Agreements The Company has entered into agreements to time charter-out two LR2 product tankers, STI Lombard and STI Rambla. The term of the agreement for STI Lombard is five years at a rate of $33,000 per day. The term of the agreement for STI Ramb Show less Read more
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