Scorpio Tankers Inc.

Scorpio Tankers Inc. is an international shipping company specializing in the marine transportation of refined petroleum products globally. Incorporated in the Republic of the Marshall Islands on July 1, 2009, the company maintains its principal executive office in Monaco, with an additional office in New York, NY. Its core mission is to provide responsible seaborne transportation, operating a high-quality, eco-friendly fleet to generate attractive returns for shareholders.

Scorpio Tankers' services primarily involve chartering its fleet of product tankers to a diverse customer base, including oil majors, commodity trading houses, and national oil companies. The company's fleet comprises various classes of product tankers, including LR2, MR, and Handymax vessels, designed for transporting refined petroleum products such as gasoline, diesel, jet fuel, and naphtha. Revenue is largely generated through the volatile spot market or short-term time charters.

Under the leadership of founder, Chairman, and CEO Emanuele A. Lauro, and President Robert Bugbee, Scorpio Tankers Inc. is recognized as one of the world's largest product tanker owners, distinguished by its modern, eco-friendly, and relatively young fleet. Recent activities include private offerings of convertible senior notes, strategic vessel sales, and securing new credit facilities, reflecting ongoing fleet management and financial optimization. The company has also demonstrated strong financial performance, including significant debt reduction and capital returns to shareholders.