Scorpio Tankers Inc. Announces Vessel Sale Agreements

Core Viewpoint - Scorpio Tankers Inc. has announced the sale of two MR product tankers for $35.0 million each, with the transaction expected to close in the second quarter of 2026 [1] Company Overview - Scorpio Tankers Inc. is a global provider of marine transportation for petroleum products, currently owning 89 product tankers, which include 33 LR2 tankers, 42 MR tankers, and 14 Handymax tankers, with an average age of 10.1 years [2] - The company has agreements to sell an LR2 product tanker and four MR product tankers, also expected to close in the second quarter of 2026 [2] - Scorpio Tankers has agreements for four MR newbuildings under construction, with deliveries anticipated in 2026 and 2027, four LR2 newbuildings with deliveries expected in 2027 and 2029, and two VLCC newbuildings with deliveries in the second half of 2028 [2]