Scorpio Tankers Inc - Company Profile

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Scorpio Tankers Inc: Segment Analysis

Business Description

Scorpio Tankers Inc (Scorpio Tankers) provides seaborne transportation of refined petroleum products worldwide. Its fleet comprises 60 MR, 39 LR2, 12 LR1, and 14 Handymax wholly owned or finance leased tankers with weighted average age of approximately 7.2 years. The company’s customers include oil companies and global commodities traders. The company operates through four reportable business segments, MR, LR2/Aframax, Handymax, and LR1/Panamax. In FY2022 the company incurred a capital expenditure of US$1.7 million which declined 73.8%.

Business Segments

Overview

It operates owned or finance leased Handymax tankers each with a capacity of 38,734 DWT

Performance

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Overview

Operates 12 total owned or finance leased LR1/Panamax tankers each with the capacity of 74,000 DWT

Performance

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Overview

It Operates owned or finance leased LR2 tankers comprising of 109,999 DWT; 113,000 DWT, and 110,000 DWT capacity.

Performance

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Overview

It operates MR tankers majorly with a capacity of 49,990 deadweight tons (DWT)

Performance

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