NYSE:STNGOil and Gas
What Does Scorpio Tankers’ (STNG) Latest Ship Sale Reveal About Its Evolving Fleet Strategy?
Scorpio Tankers Inc. announced it has entered into an agreement to sell its 2020-built scrubber-fitted MR product tanker, STI Maestro, for US$42.0 million, with the transaction expected to close in the fourth quarter of 2025.
This deal, along with a newly secured long-term charter, highlights the company's ongoing efforts to optimize fleet management and support reliable revenue streams.
We'll explore how the asset sale and charter agreement may influence Scorpio Tankers' investment...