Welcome to our dedicated page for Scorpio Tankers news (Ticker: STNG), a resource for investors and traders seeking the latest updates and insights on Scorpio Tankers stock.
Scorpio Tankers Inc. (NYSE: STNG) is a marine transportation company in the deep sea freight transportation industry, focused on moving petroleum products worldwide using a fleet of LR2, MR and Handymax product tankers. The news flow around Scorpio Tankers centers on fleet developments, chartering activity, financial performance and capital structure updates, all of which can influence how investors view the STNG stock.
Recent press releases filed on Form 6-K highlight vessel sale and purchase agreements, including the sale of scrubber-fitted MR and LR2 product tankers and the acquisition of scrubber-fitted MR and LR2 newbuildings. The company has also announced letters of intent to construct Very Large Crude Carriers (VLCCs), providing insight into its long-term fleet plans. These items appear frequently in Scorpio Tankers’ news and reflect its approach to fleet renewal and capital allocation.
Another key category of Scorpio Tankers news involves time charter-out and bareboat charter arrangements. The company has disclosed multi-year time charter-out agreements for LR2 product tankers such as STI Rose, STI Alexis, STI Spiga and STI Orchard, as well as a bareboat charter-out of the MR tanker STI Bosphorus in connection with participation in the U.S. Government’s Tanker Security Program. Updates on average daily Time Charter Equivalent revenue and contracted days also feature in its quarterly results releases.
Scorpio Tankers’ news releases additionally cover liquidity, debt and equity-related actions, including unscheduled prepayments on credit facilities, repayments of lease obligations, availability under revolving credit facilities, and activity under its securities repurchase program. Quarterly earnings announcements, dividend declarations and conference call details provide further context on the company’s financial results and communication with shareholders.
Investors and observers who follow STNG news can use this stream of information to track changes in the company’s fleet composition, charter coverage, leverage and capital commitments over time.
Scorpio Tankers (NYSE: STNG) will release fourth quarter 2025 results on Thursday, February 12, 2026 and hold a conference call at 9:00 AM Eastern Standard Time (3:00 PM Central European Time).
The webcast will be available via the company website and a live dial-in; participants should register or dial in about 10 minutes early.
Scorpio Tankers (NYSE:STNG) updated its liquidity, debt and newbuilding commitments as of Jan 9, 2026 and on a pro forma basis. The company reports $783.9 million availability under revolving credit facilities and pro forma $991.974 million cash (amounts in thousands). Total debt declined from $896.586 million (Sept 30, 2025) to $609.231 million pro forma. Recent vessel sales and scheduled prepayments reduced secured debt and lease obligations; several sales are expected to close in Q1–Q2 2026. Newbuilding purchase commitments total $572.8 million across 2026–2028, with payments scheduled throughout 2026–2028.
Scorpio Tankers (NYSE:STNG) entered into an agreement to sell the 2015-built scrubber-fitted LR2 product tanker STI Kingsway for $57.5 million. The company expects the sale to close within the first or second quarter of 2026. The transaction represents a vessel disposal at an agreed fixed price and is subject to customary closing conditions.
Scorpio Tankers (NYSE:STNG) entered two time charter-out agreements for the LR2 product tankers STI Rose and STI Alexis. Each charter is for a five-year term at a rate of $29,000 per vessel per day. The charters are expected to commence in the first quarter of 2026, providing multi-year contracted revenue for the two 2015-built vessels.
Scorpio Tankers (NYSE:STNG) entered agreements to sell two 2016-built LR2 product tankers, STI Goal and STI Gallantry, for $52.3 million per vessel, with closings expected in Q1 2026. The company expects to fully repay a $23.4 million outstanding lease obligation on STI Gallantry before year-end 2025. STI Goal currently carries $13.8 million outstanding under the 2023 $1.0 billion credit facility. Each vessel is due for its 10-year special survey and drydock in Q2 2026 and those costs will be the buyer’s responsibility after closing. Scorpio also agreed to purchase two scrubber-fitted LR2 newbuildings for $70.8 million per vessel, under construction at Dalian Shipbuilding with deliveries expected in Q3 2027.
Scorpio Tankers (NYSE:STNG) signed letters of intent to construct two VLCCs at Hanwha Ocean in South Korea at a purchase price of $128 million per vessel, with deliveries expected in the third and fourth quarters of 2028. The company reported it sold 2,382,226 common shares of DHT since October 28, 2025 at an average price of $13.25 and currently owns 1,169,568 DHT shares. Management said the newbuilds align with a long‑term constructive view of the crude tanker market and that capex will be weighted toward late 2027 and beyond.
Scorpio Tankers (NYSE:STNG) announced 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, with closings expected within Q1 2026. Each sold vessel currently carries $7.3 million of outstanding debt under the company’s 2023 $225.0 million revolving credit facility.
The company will purchase four scrubber-fitted MR newbuilding resales at Jingjiang Nanyang Shipbuilding for $45.0 million per vessel, with deliveries scheduled in Q2 2026, Q3 2026, Q1 2027, and Q2 2027. Management said the transactions improve the fleet age profile and quality while requiring minimal incremental capital expenditure.
Scorpio Tankers (NYSE: STNG) reported Q3 2025 net income of $84.5 million ($1.81 basic, $1.73 diluted) and adjusted net income $72.7 million ($1.56 basic). The board declared a $0.42 quarterly cash dividend payable Dec 5, 2025 to holders of record Nov 14, 2025. As of Oct 28, 2025, unrestricted cash was $626.7 million with $788.3 million undrawn revolver capacity and pro‑forma gross debt of $881.8 million (net debt $255.1 million).
Material actions include announced unscheduled prepayments totaling $154.6 million (expected Q4 2025) and expected vessel sale proceeds of $159.5 million to close in Q4 2025.
Scorpio Tankers (NYSE: STNG) will issue its Third Quarter 2025 earnings release on Thursday, October 30, 2025 in the morning EDT and host a conference call at 9:00 AM Eastern Daylight Time (2:00 PM Central European Time).
The live webcast will be available on the company website www.scorpiotankers.com and at the provided webcast link; participants should register about 10 minutes before the start. Telephonic access: US/Canada 1-833-636-1321 and International +1-412-902-4260. Callers should request to join the Scorpio Tankers call and dial in ~10 minutes early. The company notes teleconference information is accurate only at call time.
Scorpio Tankers (NYSE:STNG) has announced significant vessel sales and provided a debt update, showcasing strong financial management. The company has agreed to sell two 2019-built scrubber-fitted LR2 product tankers for $61.2 million each, with closings expected in Q4 2025.
The company's financial position shows remarkable improvement, with net debt potentially approaching zero. As of September 25, 2025, pro-forma figures indicate net debt of $131.3 million, down from $290.8 million, with gross debt of $814.7 million offset by $683.4 million in cash. Additionally, STNG has sold 4.78 million DHT Holdings shares at an average price of $12.50 per share during Q3 2025.
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