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) closed a $375.0 million private offering of convertible senior notes due 2031, including full exercise of a $50.0 million option, and repurchased 1,344,809 shares at $74.36 each.
Notes bear 1.75% interest, mature April 15, 2031, and have an initial conversion price of about $100.39 per share; net proceeds were approximately $363.3 million, with ~$100.0 million used for the buyback.
Scorpio Tankers (NYSE: STNG) priced a private offering of $325 million aggregate principal amount of 1.75% convertible senior notes due 2031, increased from $300 million, with an initial purchaser option for an additional $50 million.
The company will concurrently repurchase ~1.34 million shares at $74.36 per share and expects net proceeds of approximately $314.7 million (or ~$363.3 million if option exercised). Interest is payable semiannually; initial conversion rate equals 9.9615 shares per $1,000 principal (conversion price ~$100.39).
Scorpio Tankers (NYSE: STNG) intends to offer $300,000,000 aggregate principal amount of convertible senior notes due April 15, 2031, with an initial purchaser option for an additional $45,000,000.
The company expects to use part of the net proceeds to repurchase shares concurrently, including shares sold short by initial investors at the closing price on the pricing date. Interest rate, conversion rate and final terms will be set at pricing; conversions may settle in cash, shares, or both.
Scorpio Tankers (NYSE:STNG) announced a strategic collaboration with AMPERA on April 2, 2026 to develop and commercialize micronuclear power solutions for marine and maritime markets.
The agreement includes Scorpio's $10 million investment, joint development of ultra-safe microreactors, plans for floating nuclear power barges in the near term, and longer‑term nuclear‑powered vessels, plus power‑as‑a‑service and leasing models.
Scorpio Tankers (NYSE:STNG) entered agreements to sell two 2015-built, scrubber-fitted MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million per vessel. The transactions are expected to close within the second quarter of 2026, subject to customary closing conditions.
Scorpio Tankers (NYSE:STNG) reported updated Q1 and Q2 2026 average daily TCE rates and a liquidity update as of March 20, 2026. Q1 TCE examples: LR2 $51,000, MR $32,000, Handymax $34,000. Q2 TCE examples: LR2 $101,000, MR $36,500, Handymax $32,000.
Liquidity: Cash $974.0M (Mar 20), pro forma $1,101.8M; Total debt $589.1M (Mar 20); Net cash $384.9M (Mar 20), pro forma $512.8M. Company disclosed agreed vessel sales and newbuilding deliveries through 2029.
Scorpio Tankers (NYSE: STNG) announced that its Annual Report on Form 20-F for the year ended December 31, 2025 has been filed with the U.S. Securities and Exchange Commission and is available online.
Shareholders can view the report in the Investor Center under Reports & Presentations on the company website or request a free hard copy by contacting Investor Relations.
Scorpio Tankers (NYSE:STNG) entered agreements to sell three product tankers and time charter-out two LR2 product tankers, with transactions expected to begin closing and commence in Q1 or Q2 2026.
The company agreed to sell two 2015 scrubber-fitted MR tankers, STI Seneca and STI Osceola, at $35.0 million each, and one 2015 scrubber-fitted LR2, STI Solidarity, at $60.0 million. The three vessels are financed under the company’s 2023 $1.0 billion credit facility with an aggregate outstanding debt balance of $20.2 million. Time charters: STI Lombard five years at $33,000/day, and STI Rambla eight years at $30,500/day.
Scorpio Tankers (NYSE: STNG) reported Q4 2025 net income of $128.1 million and declared a quarterly cash dividend of $0.45 per share, payable March 20, 2026 to holders of record on March 6, 2026. The company reported year 2025 net income of $344.3 million and held $937.1 million in cash with $767.0 million of undrawn revolver capacity as of Feb 10, 2026.
Recent activity included multiple vessel sales and newbuilding orders, scheduled deliveries through 2029, $173.4 million available under the share repurchase program, and a conference call on Feb 12, 2026.
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.