Christopher Robertson

Frode Morkedal

Liam Burke

Omar Nokta

Benjamin Nolan

Gregory Lewis

Jonathan Chappell

Ken Hoexter

- Scorpio Tankers Inc. reported a significant decline in financial performance for the six months ended **June 30, 2025**, with **net income decreasing by 70% to $131.7 million** and **vessel revenue decreasing by 42% to $444.2 million**, primarily due to the normalization of spot TCE rates after the Red Sea disruption.  **[1483934_0001483934-25-000047_stng-20250630.htm:18]** **[1483934_0001483934-25-000047_stng-20250630.htm:34]** **[1483934_0001483934-25-000047_stng-20250630.htm:55]** 
- The company declared a quarterly cash dividend of **$0.40 per common share** on **July 29, 2025**, which is scheduled to be paid on **August 29, 2025**.  **[1483934_0001483934-25-000047_stng-20250630.htm:10]** **[1483934_0001483934-25-000047_stng-20250630.htm:61]** 
- As of **June 30, 2025**, Scorpio Tankers maintained strong liquidity with a cash balance of **$471.1 million** and **$838.2 million** in undrawn revolving credit capacity, while also reducing its average debt to **$962.8 million** for the six months ended June 30, 2025.  **[1483934_0001483934-25-000047_stng-20250630.htm:25]** **[1483934_0001483934-25-000047_stng-20250630.htm:34]** **[1483934_0001483934-25-000047_stng-20250630.htm:58]** 
- The company engaged in strategic fleet management, including a bareboat charter-out agreement for the MR product tanker, STI Bosphorus, and exercising purchase options for three vessels (STI Guard, STI Gallantry, and STI Symphony).  **[1483934_0001483934-25-000047_stng-20250630.htm:10]** **[1483934_0001483934-25-000047_stng-20250630.htm:25]**

Scorpio Tankers (STNG)