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Scorpio Tankers Inc. Announces Agreements to Sell Three Product Tankers and Purchase Four Newbuilding Vessels

Globe Newswire•29/09/2026•06:45 ET
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Key Highlights

  • ➤Scorpio Tankers (STNG) agrees to sell three product tankers for $180.5 million
  • ➤STI Dama sale price $37.5 million, closing expected before end-2026
  • ➤STI Elysees and STI Veneto sale prices total $143.0 million
  • ➤Scorpio Tankers (STNG) agrees to purchase two LR2s at $72.8 million each
  • ➤Scorpio Tankers (STNG) agrees to purchase two VLCCs at $135.0 million each

MONACO, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell three product tankers and purchase four newbuilding vessels.

The Company has entered into agreements to sell three product tankers comprising the 2014 built scrubber-fitted MR product tanker, STI Dama, for $37.5 million, the 2014 built scrubber-fitted LR2 product tanker, STI Elysees, for $70.0 million, and the 2015 built scrubber-fitted LR2 product tanker, STI Veneto, for $73.0 million. The sales are expected to close before the end of 2026.

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