Scorpio Tankers (NYSE: STNG) signs $35M‑per‑ship MR sales amid fleet renewal

Rhea-AI Filing Summary

Scorpio Tankers Inc. has entered into agreements to sell two 2015‑built, scrubber‑fitted MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million per vessel, with the sales expected to close in the second quarter of 2026.

The company currently owns 89 product tankers, consisting of 33 LR2, 42 MR and 14 Handymax vessels, with an average age of 10.1 years. It has also agreed to sell one LR2 and four additional MR product tankers, and has multiple newbuildings on order, including MR, LR2 and VLCC vessels with deliveries scheduled between 2026 and 2029.

Insights

Shipping sector analyst

Scorpio Tankers continues active fleet renewal with MR vessel sales and newbuild orders.

Scorpio Tankers is selling two 2015‑built, scrubber‑fitted MR product tankers for $35.0 million each, with closing expected in the second quarter of 2026. This follows agreements to sell one LR2 and four additional MR product tankers.

The company reports a fleet of 89 product tankers with an average age of 10.1 years, alongside significant newbuilding activity: four MR, four LR2 and two VLCC vessels delivering between 2026 and 2029. This points to ongoing fleet modernization and repositioning, though financial impact depends on execution and market conditions.

Key Figures

MR tanker sale price: $35.0 million per vessel Number of MR tankers sold in this deal: 2 vessels Owned product tankers: 89 vessels +5 more

8 metrics

MR tanker sale price $35.0 million per vessel Agreed sale price for STI Brooklyn and STI Black Hawk

Number of MR tankers sold in this deal 2 vessels Two 2015‑built scrubber‑fitted MR product tankers

Owned product tankers 89 vessels Total fleet at time of announcement

Fleet composition 33 LR2, 42 MR, 14 Handymax Breakdown of 89 product tankers owned

Average fleet age 10.1 years Average age of owned product tanker fleet

Additional vessels agreed for sale 1 LR2 and 4 MR tankers Further product tanker sales expected to close in Q2 2026

MR newbuildings on order 4 MR newbuildings Deliveries expected in 2026 and 2027

VLCC newbuildings on order 2 VLCC newbuildings Deliveries expected in second half of 2028

Key Terms

MR product tankers, LR2 tankers, Handymax tankers, VLCC newbuildings, +2 more

6 terms

MR product tankers financial

"two 2015 built scrubber-fitted MR product tankers, STI Brooklyn and STI Black Hawk"

LR2 tankers financial

"currently owns 89 product tankers (33 LR2 tankers, 42 MR tankers and 14 Handymax tankers)"

Handymax tankers financial

"currently owns 89 product tankers (33 LR2 tankers, 42 MR tankers and 14 Handymax tankers)"

VLCC newbuildings financial

"two VLCC newbuildings with deliveries expected in the second half of 2028"

forward-looking statements regulatory

"Matters discussed in this press release may constitute forward‐looking statements."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Private Securities Litigation Reform Act of 1995 regulatory

"The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward‐looking statements"

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-34677

SCORPIO TANKERS INC.

(Translation of registrant’s name into English)

99, Boulevard du Jardin Exotique, Monaco 98000

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X] Form 40-F [  ]

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K (this “Report”) as Exhibit 99.1 is a copy of the press release issued by Scorpio Tankers Inc. (the “Company”) announcing that the Company has entered into agreements to sell two MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million per vessel.

The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company's registration statements on Form F-3 (Registration No. 333-286015) and S-8 (Registration No. 333-290540) that were filed with the U.S. Securities and Exchange Commission, with effective dates of March 21, 2025 and September 26, 2025, respectively.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SCORPIO TANKERS INC.

(registrant)

Dated: March 30, 2026

By:

/s/ Christopher Avella

Christopher Avella

Chief Financial Officer

Exhibit 99.1

Scorpio Tankers Inc. Announces Vessel Sale Agreements

MONACO, March 30, 2026 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it has entered into agreements to sell two 2015 built scrubber-fitted MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million per vessel. The sale of these vessels is expected to close within the second quarter of 2026.

About Scorpio Tankers Inc.

Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns 89 product tankers (33 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 10.1 years. The Company has reached agreements to sell an LR2 product tanker and four MR product tankers, which are expected to close in the second quarter of 2026. The Company has also reached agreements for four MR newbuildings that are currently under construction with deliveries expected in 2026 and 2027, four LR2 newbuildings with deliveries expected in 2027 and 2029 and two VLCC newbuildings with deliveries expected in the second half of 2028. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release.

Forward-Looking Statements

Matters discussed in this press release may constitute forward‐looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward‐looking statements in order to encourage companies to provide prospective information about their business. Forward‐looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “target,” “project,” “likely,” “may,” “will,” “would,” “could” and similar expressions identify forward‐looking statements.

The forward‐looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although management believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company’s control, there can be no assurance that the Company will achieve or accomplish these expectations, beliefs or projections. The Company undertakes no obligation, and specifically declines any obligation, except as required by law, to publicly update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward‐looking statements include unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, expansion and growth of the Company’s operations, risks relating to the integration of assets or operations of entities that it has or may in the future acquire and the possibility that the anticipated synergies and other benefits of such acquisitions may not be realized within expected timeframes or at all, the failure of counterparties to fully perform their contracts with the Company, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, the impact of the current and future sanctions that may impact the transportation of petroleum products, potential liability from pending or future litigation, general domestic and international political conditions, which have and may continue to disrupt certain global shipping routes, vessel breakdowns and instances of off‐hires, and other factors. Please see the Company’s filings with the SEC for a more complete discussion of certain of these and other risks and uncertainties.

Contact Information

Scorpio Tankers Inc.

James Doyle – Head of Corporate Development & Investor Relations

Tel: +1 203-900-0559

Email: investor.relations@scorpiotankers.com

FAQ

What vessels is Scorpio Tankers (STNG) selling in this update?

Scorpio Tankers has agreed to sell two 2015‑built, scrubber‑fitted MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million per vessel. These sales are expected to close in the second quarter of 2026, subject to completion of customary closing conditions.

How large is Scorpio Tankers’ fleet after these vessel sale agreements?

Scorpio Tankers reports owning 89 product tankers, including 33 LR2, 42 MR and 14 Handymax vessels, with an average age of 10.1 years. The company is also selling additional ships and adding newbuildings, indicating an actively managed, evolving fleet profile.

What other asset sales has Scorpio Tankers (STNG) agreed to?

Beyond the two MR tankers detailed here, Scorpio Tankers has reached agreements to sell one LR2 product tanker and four MR product tankers. These additional vessel sales are also expected to close in the second quarter of 2026, aligning with the company’s broader fleet renewal activity.

What newbuildings does Scorpio Tankers have on order and when will they deliver?

Scorpio Tankers has agreed to four MR newbuildings with deliveries in 2026 and 2027, four LR2 newbuildings delivering in 2027 and 2029, and two VLCC newbuildings scheduled for the second half of 2028. These orders support ongoing fleet modernization and future capacity.

What does Scorpio Tankers Inc. do in the shipping market?

Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Its fleet of LR2, MR and Handymax product tankers moves refined petroleum cargoes globally, and the company adjusts its vessel mix through sales and newbuildings to reflect market dynamics and strategy.

When are the MR tanker sales expected to close for Scorpio Tankers (STNG)?

The sale of STI Brooklyn and STI Black Hawk, each priced at $35.0 million, is expected to close within the second quarter of 2026. The company also expects the sale of one LR2 and four MR product tankers to close in the same time frame.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 10.2 KB