Scorpio Tankers Inc
NYSE:STNG

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Scorpio Tankers Inc
NYSE:STNG
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Price: 49.77 USD 1.24%
Market Cap: 2.6B USD
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Scorpio Tankers Inc
Investor Relations

In the world of maritime transport, Scorpio Tankers Inc. sails as a significant player, primarily navigating the vast liquid cargo market. With its headquarters in Monaco, the company operates a dynamic fleet of tankers that transport refined petroleum products and other liquid substances across global seas. At the heart of Scorpio's operations lies a focus on medium-range and long-range vessels, which cater effectively to the diverse demands of this segment. The economic rationale behind their operations is straightforward: moving vital products like gasoline, diesel, and other liquid chemicals from areas of supply to regions of demand, which ensures a steady stream of income anchored in competitive shipping rates.

Scorpio Tankers thrives in the cyclical nature of the maritime industry, where supply and demand fluctuation can significantly impact freight rates. The company has strategically positioned itself to capitalize on periods of improved rates, often driven by geopolitical factors, economic activity cycles, and changes in regulations that affect global shipping. By optimizing the efficiency and age profile of its fleet, the company seeks to maximize its returns on investment while minimizing environmental impact, recognizing the increasing global emphasis on sustainability. This blend of strategic fleet management and market positioning forms the core of Scorpio Tankers’ business model and its continued quest for profitability amid the waves of the ever-changing shipping landscape.

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Management

Mr. Emanuele A. Lauro
Founder, Chairman & CEO
No Bio Available
Mr. Robert L. Bugbee
President & Director
No Bio Available
Mr. Christopher Avella
Chief Financial Officer
No Bio Available
Mr. Cameron Mackey
COO & Director
No Bio Available
Mr. James Doyle
Head of Corporate Development & Investor Relations
No Bio Available
Ms. Sujata Parekh Kumar
MD & Director
No Bio Available
Ms. Auste Adelborg
Secretary
No Bio Available
Mr. Lars Dencker Nielsen
Commercial Director
No Bio Available
Mr. David Rodney Morant
Managing Director - Scorpio UK
No Bio Available

Contacts

Address
Monaco
9, Boulevard Charles III
Contacts