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MONACO, March 24, 2023 (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, 2022 has been filed with the Securities and Exchange Commission and can be accessed on the Company&...
2023-03-21 17:58:39 ET Scorpio Tankers ( NYSE: STNG ) said Tuesday it entered a new time charter-out agreement for a LR2 tanker with scrubber for a period of three years. The company said the tanker has a daily TCE rate of $40,000 per day, translating to revenues of about $43....
MONACO, March 21, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into a new time charter-out agreement. Summary of New Time Charter About Scorpio Tankers Inc. Sco...
NEW YORK, March 14, 2023 (GLOBE NEWSWIRE) -- Senior executives from 29 shipping companies will participate on panels and presentations at Capital Link’s 17th Annual International Shipping Forum on Monday, March 20, 2023, at the Metropolitan Club in New York City. The event is organized...
2023-03-13 07:22:51 ET Scorpio Tankers ( NYSE: STNG ) exercised the purchase options on six ships which includes two 2016 built LR2 product tankers, one 2019 built LR2 product tanker, two 2019 built MR product tankers and one 2020 built MR product tanker. The leases bear ...
MONACO, March 13, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that it has exercised the purchase options on six ships. The Company has given notice to exercise its purchase options on two 2016 bu...
Summary Frontline announced multi-year record revenues of $530.14 million for the fourth quarter of 2022. The tankers did exceptionally well during the fourth quarter of 2022 and posted the highest quarterly income since 2Q18. The demand is expected to fall slightly from 8% in 2022 ...
Summary Demand growth for natural gas is starting to stabilize when compared to coming out of COVID in 2021 and early 2022. Increased refinery capacity and net additions could put downward price pressure on ton-mile fees. Europe has largely pivoted away from Russian-imported natural...
NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Senior executives from 29 shipping companies will participate on panels and presentations at Capital Link’s 17th Annual International Shipping Forum on Monday, March 20, 2023, at the Metropolitan Club in New York City. The event is organized ...
Some oil tanker stocks including Scorpio Tankers ( NYSE: STNG ) and Ardmore Shipping ( NYSE: ASC ) quadrupled last year, and as new sanctions have shifted the flow of Russian oil to more distant ports, Evercore analyst Jonathan Chappell thinks the rally " may have only just begu...
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2024-07-23 15:15:03 ET Evercore ISI analyst issues UNDERPERFORM recommendation for STNG on July 23, 2024 01:02PM ET. The previous analyst recommendation was Underperform. STNG was trading at $76.995 at issue of the analyst recommendation. The overall analyst consensus : ...
MONACO, July 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) (“Scorpio Tankers,” or the “Company”) announced today that on Tuesday, July 30, 2024, the Company plans to issue its second quarter 2024 earnings press release in the morning (Eastern ...
MONACO, July 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it recently repurchased 756,312 of its common shares in the open market at an average price of $78.07 per share under the 2023 Securities Rep...