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MONACO -- (Marketwire) -- 03/13/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that it has priced the offering of 29,012,000 shares of its common stock, par value $0.01 per share, at a price of $8.10 per share. The offering is expected to close…
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MONACO -- (Marketwire) -- 03/07/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached an agreement with Hyundai Samho Heavy Industries Co., Ltd. to construct two 114,000 dwt LR2 Product Tankers for $49.75 million. These vessels are expected to be delivered to the Company…
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MONACO -- (Marketwire) -- 03/06/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has agreed to time charter-in a product tanker. The terms of the contract is summarized as follows.A 2013 built MR product tanker will be time chartered-in for two years at $14,121 per…
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MONACO -- (Marketwire) -- 02/28/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has exercised options with Hyundai Mipo Dockyard Co., Ltd. of South Korea ("HMD") for the construction of four MR Product tankers for approximately $33.0 million each and two Handymax ice class-1A (37,000…
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MONACO -- (Marketwire) -- 02/26/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that the Company plans to announce its fourth quarter and year end 2012 earnings after the market close on Monday, February 25, 2013 and will host a conference call the next…
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MONACO -- (Marketwire) -- 02/25/13 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three months and year ended December 31, 2012.For the three months ended December 31, 2012, the Company had an adjusted net loss of $3.6 million (see Non-GAAP…
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MONACO -- (Marketwire) -- 02/25/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that it has signed a commitment letter for a $267.0 million credit facility ("2013 Credit Facility") with Nordea Bank Finland plc, acting through its New York branch, ABN AMRO Bank N.V,…
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MONACO -- (Marketwire) -- 02/21/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that the Company plans to announce its fourth quarter and year end 2012 earnings after the market close on Monday, February 25, 2013 and will host a conference call the next…
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MONACO -- (Marketwire) -- 02/07/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has exercised options with Hyundai Mipo Dockyard Co., Ltd. of South Korea ("HMD") for the construction of four Handymax ice class-1A (37,000 DWT) product tankers for approximately $30 million each. These vessels…
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MONACO -- (Marketwire) -- 01/30/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that it has priced the offering of 30,672,000 shares of its common stock, par value $0.01 per share, at a price of $7.50 per share. The offering is expected to close…