{"id":923464,"date":"2026-01-05T07:07:39","date_gmt":"2026-01-05T12:07:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/scorpio-tankers-inc-announces-time-charter-out-agreements\/"},"modified":"2026-01-05T07:07:39","modified_gmt":"2026-01-05T12:07:39","slug":"scorpio-tankers-inc-announces-time-charter-out-agreements","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scorpio-tankers-inc-announces-time-charter-out-agreements\/","title":{"rendered":"Scorpio Tankers Inc. Announces Time Charter-Out Agreements"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">MONACO, Jan.  05, 2026  (GLOBE NEWSWIRE) &#8212; Scorpio Tankers Inc. (NYSE:STNG) (\u201cScorpio Tankers,\u201d or the \u201cCompany\u201d) announced today that it has entered into agreements to time charter-out the 2015 built LR2 product tankers,\u00a0<em>STI Rose <\/em>and <em>STI Alexis<\/em>. The term of each agreement is five years at a rate of $29,000 per vessel per day. These time charters are expected to commence in the first quarter of 2026.<\/p>\n<p>\n        <strong>About Scorpio Tankers Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 93 product tankers (37 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 9.8 years. The Company has entered into agreements to sell three LR2 product tankers which are expected to close in the first 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, two VLCC newbuildings with deliveries expected in the second half of 2028, and two LR2 newbuildings with deliveries expected in the third quarter of 2027. Additional information about the Company is available at the Company\u2019s website www.scorpiotankers.com, which is not a part of this press release.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">Matters discussed in this press release may constitute forward\u2010looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward\u2010looking statements in order to encourage companies to provide prospective information about their business. Forward\u2010looking 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 &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;target,&#8221; &#8220;project,&#8221; &#8220;likely,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; &#8220;could&#8221; and similar expressions identify forward\u2010looking statements.<\/p>\n<p align=\"justify\">The forward\u2010looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management\u2019s examination of historical operating trends, data contained in the Company\u2019s 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\u2019s 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\u2010looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p align=\"justify\">In addition to these important factors, other important factors that, in the Company\u2019s view, could cause actual results to differ materially from those discussed in the forward\u2010looking statements include unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies in response to epidemics and other public health concerns including any effect on demand for petroleum products and the transportation thereof, expansion and growth of the Company\u2019s 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\u2019s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company\u2019s 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, potential liability from pending or future litigation, general domestic and international political conditions, including the impact of the conflict in Ukraine and the developments in the Middle East, including the armed conflict between Israel and Hamas, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off\u2010hires, and other factors. Please see the Company\u2019s filings with the SEC for a more complete discussion of certain of these and other risks and uncertainties.<\/p>\n<p>\n        <strong>Contact Information<\/strong>\n      <\/p>\n<p align=\"justify\">Scorpio Tankers Inc.<\/p>\n<p align=\"justify\">James Doyle \u2013 Head of Corporate Development &amp; Investor Relations<\/p>\n<p align=\"justify\">Tel: +1 203-900-0559<\/p>\n<p align=\"justify\">Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oEY8HktWVI6vSM1hVf1bQ5uq4DOFv2S52GY2BKhl6gdDvWpdKne1aj6Mu8Qwo_vJmNg1Q7IzD4V4z6x4zPxrftjgFplWKKtq1dZZAzhadH8l2E6qxMWg3PkN9sbw-Ack25EhiFcr-emJzAfBQwFA0w==\" rel=\"nofollow\" target=\"_blank\">investor.relations@scorpiotankers.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYxOTY3NiM3MzQzMjQyIzIwODMwNDY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjQyNWZkZjUtMDcxYy00MGQ3LTkzYjAtMjY0MjIxOTdmZTczLTEwOTQ2MTctMjAyNi0wMS0wNS1lbg==\/tiny\/Scorpio-Tankers-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MONACO, Jan. 05, 2026 (GLOBE NEWSWIRE) &#8212; Scorpio Tankers Inc. (NYSE:STNG) (\u201cScorpio Tankers,\u201d or the \u201cCompany\u201d) announced today that it has entered into agreements to time charter-out the 2015 built LR2 product tankers,\u00a0STI Rose and STI Alexis. The term of each agreement is five years at a rate of $29,000 per vessel per day. These time charters are expected to commence in the first 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 or lease finances 93 product tankers (37 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 9.8 years. The Company has entered into agreements to sell &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scorpio-tankers-inc-announces-time-charter-out-agreements\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Scorpio Tankers Inc. Announces Time Charter-Out Agreements&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-923464","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scorpio Tankers Inc. Announces Time Charter-Out Agreements - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scorpio-tankers-inc-announces-time-charter-out-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scorpio Tankers Inc. Announces Time Charter-Out Agreements - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MONACO, Jan. 05, 2026 (GLOBE NEWSWIRE) &#8212; Scorpio Tankers Inc. (NYSE:STNG) (\u201cScorpio Tankers,\u201d or the \u201cCompany\u201d) announced today that it has entered into agreements to time charter-out the 2015 built LR2 product tankers,\u00a0STI Rose and STI Alexis. The term of each agreement is five years at a rate of $29,000 per vessel per day. These time charters are expected to commence in the first 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 or lease finances 93 product tankers (37 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 9.8 years. The Company has entered into agreements to sell &hellip; Continue reading &quot;Scorpio Tankers Inc. 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