Scorpio Tankers Inc. announced today an update on its liquidity, outstanding debt, and its forward newbuilding vessel commitments.
Update on Current Liquidity and Debt
The table below summarizes the Company’s outstanding indebtedness and liquidity as of the dates presented, and on a pro-forma basis to illustrate the impact of announced vessel sales and debt repayments that are pending closing:
The Company has $783.9 million in availability under its revolving credit facilities as of January 9, 2026.
Since October 28, 2025, the Company sold its remaining 3,551,794 common shares in DHT Holdings Inc. at an average price of $13.40 per share.
In November 2025, the Company closed on the previously announced sales of the 2020 built MR product tanker, STI Maestro for $42.0 million and the 2014 built MR product tankers, STI Battery, STI Venere, and STI Milwaukee, each for $32.0 million.
In early December 2025, the Company closed on the previously announced sales of the 2014 built MR product tanker STI Yorkville for $32.0 million and the 2019 built LR2 product tanker STI Lobelia for $61.2 million.
Newbuilding Purchase Commitments
The table below summarizes the Company’s previously announced commitments to purchase newbuilding vessels consisting of two Very Large Crude Carriers (“VLCCs”) with deliveries expected in the second half of 2028, two LR2s with deliveries expected in the third quarter of 2027, and four MRs with a delivery expected in each of the second and fourth quarter of 2026 and two deliveries in 2027.
Read More: Scorpio Tankers Inc.
No comments:
Post a Comment