Scorpio Tankers Inc.

Scorpio Tankers Inc. announced a change in its corporate secretary. Auste Adelborg resigned from her position effective October 7, 2026. Concurrently, Charlotte Wheatcroft has been appointed as the new secretary. Wheatcroft is a Chartered Company Secretary with extensive experience in corporate governance, having previously held a senior role at a London-based sovereign wealth investment group and begun her career at international law firms.

Scorpio Tankers reported strong Q2 2026 results with net income of $387.5 million and diluted EPS of $7.37, significantly up from the prior year. The company also declared a quarterly cash dividend of $0.45 per share. Strategic activities included the acquisition of newbuilding vessels, sale of older vessels, and significant debt restructuring through the issuance of convertible notes and repayment of secured debt, contributing to a robust financial position.

Scorpio Tankers Inc. announced its plan to issue its second quarter 2026 earnings press release on Thursday, July 30, 2026. Following the release, the company will host a conference call at 8:00 AM Eastern Daylight Time to discuss the results. The call will be accessible via webcast on the company's website and through telephonic dial-in options.

Scorpio Tankers Inc. announced that it will release its second quarter 2026 earnings on Thursday, July 30, 2026. Following the release, the company will host a conference call at 8:00 AM Eastern Daylight Time (2:00 PM Central European Summer Time) to discuss the results. The call will be accessible via webcast on the company's website and through telephonic dial-in options.

Scorpio Tankers Inc. announced it has issued a redemption notice for its outstanding $200 million 7.5% Senior Unsecured Notes due 2030, with redemption expected on July 17, 2026. Concurrently, the company secured a commitment for a new credit facility of up to $90 million from Standard Chartered Bank and DekaBank Deutsche Girozentrale. This new facility will finance a portion of the purchase price for four scrubber-fitted MR newbuilding product tankers, bearing interest at SOFR plus 1.20% per annum.

Scorpio Tankers Inc. announced the redemption of its outstanding $200 million 7.5% Senior Unsecured Notes due 2030, with redemption expected on July 17, 2026, at a make-whole price of 106.4% of par. Concurrently, the company secured a new credit facility of up to $90 million from Standard Chartered Bank and DekaBank Deutsche Girozentrale. This new facility, bearing interest at SOFR plus 1.20% per annum, will finance a portion of the purchase price for four newbuilding product tankers.

Scorpio Tankers Inc. provided an update on its second quarter 2026 Time Charter Equivalent (TCE) rates and estimated diluted shares outstanding. As of June 18, 2026, LR2 tankers achieved an average daily TCE of $80,000 for 88% of days in the pool and spot market, while MR tankers reached $53,000 for 90% of days. The company estimates its fully diluted weighted average shares outstanding for Q2 2026 to be between 53 to 54 million, reflecting the dilutive impact of recently issued Convertible Senior Notes.

Scorpio Tankers Inc. provided an update on its daily Time Charter Equivalent (TCE) rates for the second quarter of 2026. The company reported strong TCE rates across its fleet, with LR2 vessels in the pool and spot market averaging $80,000/day, MR vessels averaging $53,000/day, and Handymax vessels averaging $54,000/day. Additionally, the company estimates its fully diluted weighted average shares outstanding for Q2 2026 to be between 53 to 54 million shares.

Scorpio Tankers Inc. held its 2026 annual meeting of shareholders on May 27, 2026. During the meeting, shareholders elected three Class I Directors to serve until the 2029 annual meeting. Additionally, the appointment of PricewaterhouseCoopers Audit as the company's independent auditors for the fiscal year ending December 31, 2026, was ratified.

Scorpio Tankers Inc. announced significant strategic financial moves, including agreements to sell four LR2 product tankers for an aggregate of $285.8 million, with closings expected in Q2 or Q3 2026. Concurrently, the company entered a letter of intent to purchase two newbuilding MR product tankers for $46.25 million each, with deliveries anticipated in Q1 2030. Most notably, Scorpio Tankers intends to make unscheduled prepayments totaling $367.8 million on several secured credit facilities, which will result in the termination of these facilities and cancellation of undrawn revolver capacity in Q2 2026.