Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2013, Makes Further Progress on Financing, and Increases Its Quarterly Dividend
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MONACO -- (Marketwired) -- 10/28/13 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three and nine months ended September 30, 2013.For the three months ended September 30, 2013, the Company had an adjusted net income of $0.6 million (see Non-GAAP…
Scorpio Tankers Inc. Announces Third Quarter Earnings Release Date and Conference Call Details for October 28, 2013
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MONACO -- (Marketwired) -- 10/21/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that the Company plans to announce its third quarter 2013 earnings before the market open on Monday, October 28, 2013 and will host a conference call later in the day at…
Scorpio Tankers Inc. Announces Newbuilding Agreements for Two LPG Tankers and Delivery of Its Twelfth Newbuilding MR
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MONACO -- (Marketwired) -- 10/11/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has exercised options to construct two Very Large Gas Carriers ("VLGC") in South Korea. The Company also took delivery of the twelfth vessel under its newbuilding program, STI Ville.VLGC NewbuildingsThe Company has…
Scorpio Tankers Inc. Announces an Agreement to Issue Shares in Exchange for Four MR Product Tankers Under Construction, With Fixed Time Charter Contracts
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MONACO -- (Marketwired) -- 09/19/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has agreed with certain unaffiliated third parties to issue shares in exchange for the transfer of ownership to the Company of four MR product tankers currently under construction in South Korea. The…
Scorpio Tankers Inc. Announces a Commitment Letter and Letter of Intent for a $429.6 Million Loan Facility, the Exercise of Underwriters– Over-Allotment Option to Purchase 3 Million Shares, and Two Time Charter-In Agreements
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MONACO -- (Marketwired) -- 08/28/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has received (i) a Commitment Letter from a leading financial institution (the "Financial Institution") of $129 million (the "Commercial Tranche") and (ii) a Letter of Intent ("LOI") from The Export-Import Bank of…
Scorpio Tankers Inc. Announces Newbuilding Agreements for Four LPG and Four Product Tankers and Delivery of Its Eleventh Newbuilding MR
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MONACO -- (Marketwired) -- 08/06/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached agreements to construct four Very Large Gas Carriers ("VLGC") at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai…
Scorpio Tankers Inc. Announces Pricing of Public Offering of 20 Million Shares of Common Stock
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MONACO -- (Marketwired) -- 07/31/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that it has priced its previously announced underwritten public offering of 20 million shares of its common stock at $9.50 per share. The offering is expected to close on August 5,…
Scorpio Tankers Inc. Announces Public Offering of Common Stock
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MONACO -- (Marketwired) -- 07/30/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that it intends to offer and sell 20,000,000 shares of its common stock in an underwritten public offering. The net proceeds of this offering are expected to be used for product…
Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2013 and Declares a Dividend
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MONACO -- (Marketwired) -- 07/29/13 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three and six months ended June 30, 2013.For the three months ended June 30, 2013, the Company had an adjusted net income of $3.6 million (see Non-GAAP…
Scorpio Tankers Inc. Announces Second Quarter Earnings Release Date and Conference Call Details for July 29, 2013
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MONACO -- (Marketwired) -- 07/24/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company" or "Scorpio Tankers") announced today that the Company plans to announce its second quarter 2013 earnings before the market open on Monday, July 29, 2013 and will host a conference call later in the day at…