Scorpio Tankers Announces 3 New Time Charter-Out Agreements

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Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it has entered into three new time charter-out agreements.

Summary of New Time Charters

Total Date
Daily Fixed terms Estimated
Type Term TC Rate Revenue agreed Start Charterer
LR2 – with Scrubber Three Years $32,750 $35.9 Million Sep-22 Nov-22 Oil Major
LR2 – with Scrubber Three Years $35,000 $38.3 Million Oct-22 Dec-22 Major Refiner
MR – non scrubber Three Years $25,000 $27.4 Million Oct-22 Nov-22 Major Refiner
$101.6 Million