Search results for: Scorpio Tankers

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  • 25 July 2018
    Business & Finance

    Scorpio Tankers has agreed to purchase 55 BWTS from Ecochlor and become a minority shareholder in the company.

  • 24 October 2011
    Business & Finance

      Scorpio Tankers Inc. announced today that it has chartered-in a 2006 built LR2 product tanker (106,003 DWT), the Khawr Aladid. The vessel will be chartered-in for six months at $12,000 per day, and Scorpio Tankers has options to extend the charter for a period up to two years from delivery at $13,250 per day. […]

  • 7 June 2011
    Business & Finance

      Scorpio Tankers  announced that it has signed contracts with Hyundai Mipo Dockyard Co. Ltd. of South Korea to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will be the first to be delivered from the Hyundai Group with new propulsion technology including the ‘B’ type ultra-long stroke electronically controlled […]

  • 7 June 2011

    Scorpio Tankers  announced that it has signed contracts with Hyundai Mipo Dockyard Co. Ltd. of South Korea to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will be the first to be delivered from the Hyundai Group with new propulsion technology including the ‘B’ type ultra-long stroke electronically controlled main […]

  • 7 March 2013
    Business & Finance

      Scorpio Tankers Inc. announced yesterday that it has agreed to time charter-in a product tanker. A 2013 built MR product tanker will be time chartered-in for two years at $14,121 per day and is expected to be delivered by the end of April 2013. The agreement includes an option for the Company to extend […]

  • 20 February 2020
    Business & Finance

    Scorpio Tankers’ scrubber fitted ships have been earning more money than those without scrubbers.

  • 7 July 2016
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has received an approval for a loan of up to USD 300 million from ABN AMRO Bank N.V., Nordea Bank Finland plc, acting through its New York branch, and Skandinaviska Enskilda Banken AB. According to the company, the loan, which will be used to refinance the existing indebtedness on 16 MR product […]

  • 29 January 2014
    Business & Finance

    Scorpio Tankers Inc. has taken delivery of a MR product tanker newbuilding, STI Opera, from Hyundai Mipo Dockyard Co., Ltd. of South Korea. The vessel will be time chartered-out for up to 120 days at approximately $19,000 per day. Scorpio Tankers Inc. currently owns 21 tankers (one LR2 tanker, four LR1 tankers, one Handymax tanker, […]

  • 7 September 2012

    Scorpio Tankers Inc. announced that it has taken delivery of STI Ruby, the third MR vessel under its previously announced Newbuilding program. STI Ruby is the third of ten vessels scheduled for delivery under the Company’s Newbuilding program. Upon delivery, the vessel began a time charter for up to 120 days at $18,250 per day […]

  • 5 December 2012
    Business & Finance

    Scorpio Tankers Inc. announced yesterday that it has agreed to time charter-in a 2008 built LR2 product tanker (115,406 DWT). The vessel will be chartered-in for six months at $16,000 per day, and Scorpio Tankers has options to extend the charter for three consecutive six month periods at $16,250 per day, $16,500 per day, and […]

  • 16 November 2017
    Business & Finance

    Monaco-based tanker shipping company Scorpio Tankers posted a net loss of USD 36.9 million for the third quarter of this year, further widened when compared to the net loss of USD 27.1 million for the three months ended September 30, 2016.  For the nine months ended September 30, 2017, the net loss surged to USD […]

  • 18 July 2018
    Business & Finance

    Scorpio Tankers agreed sale and leaseback for seven of its product tankers with an international financial institution.

  • 17 December 2014
    Business & Finance

    Scorpio Bulkers Inc. has reached agreements with shipyards in South Korea and Romania to modify six newbuilding contracts for Capesize bulk carriers into newbuilding contracts for LR2 product tankers, as well as to sell four of these LR2 newbuilding contracts to Scorpio Tankers Inc., with options for Scorpio Tankers to purchase the remaining two. The sale price for each […]

  • 14 July 2015
    Business & Finance

    Tanker owner and operator Scorpio Tankers Inc. has entered into two separate agreements to purchase an MR product tanker and an LR2 product tanker that are currently under construction for a total of $95.5 million. The MR product tanker is being built by Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) and has cost Scorpio approximately […]

  • 2 April 2015
    Business & Finance

    New York-listed tanker owner Scorpio Tankers Inc. has welcomed into the fleet three newbuilding vessels in March from three different Korean yards. STI Pontiac, an MR product tanker, was delivered from Hyundai Mipo Dockyard of South Korea. Upon delivery, this vessel began a time charter for up to 120 days at approximately $18,200 per day. STI Manhattan, an MR […]

  • 25 June 2018
    Business & Finance

    Scorpio Tankers agrees to sell and leaseback four ships as part of its capital raising plan.

  • 18 December 2014
    Business & Finance

    Monaco-based tanker owner and operator Scorpio Tankers has recently taken delivery of six newbuilding vessels. The company has also agreed to sell three of its older vessels for a total sum of USD 74 million. STI Condotti, an LR2 product tanker, was delivered from Hyundai Samho Heavy Industries, and upon delivery the vessel began a voyage […]

  • 25 August 2015

    In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average age of 1 year, time charters-in 17 […]

  • 15 March 2012
    Business & Finance

    Scorpio Tankers Inc. announced that it has contracted to time charter-in three MR product tankers. The terms of the contracts are summarized as follows: A 2010 built MR product tanker will be time chartered-in for one year at $13,900 per day and is expected to be delivered end of March 2012. The agreement includes an […]

  • 21 August 2012
    Business & Finance

    Scorpio Tankers Inc.  announced today that it has taken delivery of the STI Topaz, the second vessel under its previously announced Newbuilding program and completed the sale of the STI Diamond, the first of the two vessels previously announced to be sold. Delivery of the STI Topaz The Company took delivery of the STI Topaz, […]

  • 18 May 2018
    Business & Finance

    Scorpio Tankers has agreed sale and leaseback deals for five of its product tankers with AVIC International Leasing.

  • 26 September 2014
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers Inc has taken delivery of four newbuilding vessels and agreed to time charter-in an LR2 product tanker that is currently under construction in South Korea, the company said. The following vessels have joined Scorpio’s tanker fleet: STI Orchard, an LR2 product tanker, was delivered from Daewoo Shipbuilding and Marine Engineering […]