Scorpio Tankers Inc - Company Profile
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Scorpio Tankers Inc (Scorpio Tankers) a subsidiary of Scorpio Group, is engaged in the seaborne transportation of refined petroleum products. The company operates a fleet of tankers, including LR2, MR, and Handymax vessels, to provide marine transportation services. Scorpio Tankers offers services under various contractual relationships, such as voyage charters, time charters, and participation in commercial pools. The company's services cater to customers in the oil and petroleum industry, facilitating the movement of refined products across global markets. Scorpio Tankers collaborates with other shipowners through commercial pools to enhance service flexibility and efficiency. The company operates globally, targeting markets that require the transportation of refined petroleum products. Scorpio Tankers is headquartered in Monaco.
Headquarters
Monaco
Address
L'Exotique 99 Boulevard Jardin Exotique, Monaco, 98000
Website
www.scorpiotankers.com
Telephone
377 9 7985716
No of Employees
24
Industry
Energy and Utilities
Ticker Symbol & Exchange
STNG (NYSE)
Revenue (2024)
$938.2M
-24.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-48.5%
(2024 vs 2023)
Market Cap*
$3.9B
Net Profit Margin (2024)
XYZ
-31.7%
(2024 vs 2023)
* As of and is in US$
Scorpio Tankers Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Marine Transportation: |
| Long Range 2 Vessels |
| Medium Range Vessels |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company signed agreements to sell four LR2 product tankers. |
| 2026 | Asset Disposal | In April, the company announced the sale of six vessels for US$300 million. |
| 2026 | Contracts/Agreements | In April, the company signed an agreement with AMPERA Inc to develop and commercialize micronuclear solutions for global marine and shipping markets. |
Competitor Comparison
| Key Parameters | Scorpio Tankers Inc | CMB.Tech NV | Tsakos Energy Navigation Ltd | DHT Holdings Inc | Box Ships Inc. |
|---|---|---|---|---|---|
| Headquarters | Monaco | Belgium | Greece | Bermuda | Greece |
| City | Monaco | Antwerpen | Nea Kifissia | Hamilton | Athina |
| No. of Employees | 24 | 3,000 | - | 737 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Emanuele A. Lauro | Chairman; Chief Executive Officer | Executive Board | 2010 | 47 |
| Christopher Avella | Chief Financial Officer | Senior Management | 2023 | 47 |
| Cameron Mackey | Chief Operating Officer | Senior Management | 2013 | 57 |
| Robert Bugbee | Director; President | Executive Board | 2010 | 65 |
| Filippo Lauro | Vice President | Senior Management | 2015 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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