Scorpio tankers

Announces Purchase of Call Options by President of the Company. This vessel operates in the Scorpio MR Pool (SMRP). Office Details MONACO. PRINCIPAL EXECUTIVE OFFICE Le.

Shareholders may request a copy of our filings at no cost,. The mandate issued by the IMO concerns the sulfur content in the fuel that powers the vessels.

Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. Currently, ships are using bunker fuel with a sulfur content around 3. The new mandate requires ships to install scrubbers or use low-sulfur fuel, which will reduce the sulfur output to 0. See full list on fool. The acquisition increases the current fleet to 1ECO product tankers in addition to four tankers under construction and bareboat chartered-in vessels.

The Trafigura vessels consist of vessels with an average age of 0. An increase of $0per day in spot rates would generate approximately $million in incremental annualized cash flow for Scorpio. As Scorpio increases vessel capacity while benefiting from an increase in daily spot rates, revenues will follow. The year-to-date share price increase of 121.

Scorpio and competitors a leg up as shipping capacity shrank and demand increased. A forward dividend yield of 1. The Company provides seaborne transportation of crude oil and other petroleum products. What is Scorpio tankers stock? The Company’s fleet consists of 1owne finance leased or bareboat chartered-in product tankers (LRtankers , LRtankers , MR tankers and Handymax tankers ) with an average age of 4. Who is the president of Scorpio tankers? Are Scorpio tankers gaining?

The financing deals also cover the sale and leaseback of eight MR product tankers. Dividend Sustainability. Million, closed the last trade at $11. The company, currently valued at $669.

They believe that the fundamentals for product tankers are poised to improve. Their Company has been formed at the bottom of the industry cycle with simple aims: buy right, operate right, and create value for shareholders. Five of the scrubbers have already been. SP 5has risen 1. PM on Thursday, Apr 2. STNG) stock has fallen -17.

SCORPIO TANKERS AKTIE und aktueller Aktienkurs. LR Handymax, and MR tankers ) with an average age of 1.

LR one LR four MR and five Handymax tankers ). To add more color to this target, the company’s high over the last year is $40. Over the last weeks, STNG is down -69. Its vessels carry petroleum. Chengxi = Chengxi Shipyard Co.

Daehan = Daehan Shipbuilding Co. Daewoo Mangalia = Daewoo Mangalia Heavy Industries S. Dacks = Dalian COSCO KHI Ship Engineering Co. Hudong = Hudong-Zhonghua (Group) Co.

LtdImabari = Imabari Shipbuilding Co. LtdYangzijiang = Jiangsu Yangzijiang Shipbuilding Co.