Scorpio Tankers Inc. plans to issue its third quarter 2026 earnings press release on Wednesday, October 28, 2026. The announcement is scheduled for the morning Eastern Daylight Time, followed by a conference call at 8:00 am EDT.

The conference call will be accessible via the internet through the company website and a dedicated webcast link. Participants are advised to register approximately 10 minutes prior to the start time. Telephonic access is also available for US/Canada and international dial-in numbers, with instructions to join 10 minutes before the scheduled start.

Fleet and operational updates

Scorpio Tankers currently owns 74 product tankers with an average age of 10.3 years. The fleet comprises 25 LR2 tankers, 35 MR tankers, and 14 Handymax tankers. The company has reached agreements to sell two LR2 product tankers, which are expected to close in the fourth quarter of 2026.

Additionally, Scorpio Tankers has secured agreements for newbuildings to expand its capacity:

• Five MR newbuildings with deliveries expected in 2027 and 2030
• Eight LR2 newbuildings with deliveries expected in 2027 and 2029
• Four VLCC newbuildings with deliveries expected in 2028

What the numbers show

The disclosed fleet structure reveals a strategic focus on mid-sized and large product tankers, with MR and LR2 vessels constituting the majority of the owned fleet (60 out of 74 vessels). The simultaneous plan to divest two LR2 units while ordering eight new LR2s suggests a fleet renewal strategy rather than pure expansion, aiming to replace older tonnage with newer, potentially more efficient vessels within the same segment.

Scorpio Tankers Inc. (NYSE: STNG) has secured time charter agreements for three product tankers, locking in revenue visibility through late 2028. The company also provided an update on its third quarter of 2026 average daily Time Charter Equivalent (TCE) rates.

Charter Agreement Details

The company entered into agreements to time charter-out two LR2 product tankers and one MR product tanker. All three agreements carry a term of three years.

The charters for STI Gladiator and STI Jermyn are expected to commence in September 2026. The agreement for STI Pontiac is scheduled to begin in the fourth quarter of 2026.

What the Numbers Show

The secured rates highlight a clear premium for larger vessel capacity within the fleet. The LR2 tankers (STI Gladiator and STI Jermyn) command daily rates approximately 70% higher than the MR tanker (STI Pontiac), reflecting the market valuation difference between these vessel classes at the time of contracting.