Scorpio Tankers (STNG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Scorpio Tankers Inc. has announced the sale of two MR product tankers for $42.5 million each, expected to close in Q4 2024, and a new three-year time charter agreement for the tanker STI Jardins at a daily rate of $29,550, commencing in late 2024. These moves come as part of the company’s ongoing efforts to optimize its fleet amid the dynamic marine transportation market for petroleum products.
For further insights into STNG stock, check out TipRanks’ Stock Analysis page.
