surfer44
2月前
Scorpio Tankers Inc. Announces Strategic Collaboration with AMPERA, Inc. to Develop & Commercialize Micronuclear Solutions for Global Marine and Shipping Markets
April 02 2026 - 6:44AM
Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced that it has entered into a strategic collaboration with AMPERA, Inc. (“AMPERA”) to jointly develop and commercialize advanced micronuclear power solutions for marine, shipping and related maritime applications.
This strategic collaboration agreement aims to address growing global demand for reliable, zero-carbon power solutions in maritime, offshore and port infrastructure markets.
Scorpio Tankers and AMPERA plan to develop and deploy ultra-safe, nuclear-powered maritime energy systems, including floating nuclear power barges in the near term and nuclear-powered vessels over the longer term.
“This collaboration represents an important step toward the future of clean maritime energy, and our $10 million investment in AMPERA reflects both our conviction in nuclear and our confidence in the team,” said Emanuele Lauro, Chairman and Chief Executive Officer of Scorpio Tankers. “Nuclear microreactors have the potential to fundamentally change how ships and offshore infrastructure are powered, and we believe this collaboration positions us at the forefront of that transition.”
“AMPERA’s ultra-safe reactors are well aligned with the maritime sector as they could cut fuel costs, reduce weight, improve efficiency, increase capacity and eliminate carbon emissions for shipping companies,” said AMPERA CEO and Founder Brian Matthews. “We are pleased to team with Scorpio Tankers, which brings deep marine engineering expertise, global commercial reach and maritime regulatory experience.”
Strategic Collaboration
Through the collaboration, Scorpio Tankers will serve as the strategic market lead and domain expert for marine and maritime applications. The Company will contribute marine engineering, technical design, regulatory expertise and global commercial relationships across shipping and maritime infrastructure markets.
AMPERA will provide access to its safeguards-by-design proprietary micro-nuclear reactor technology and work jointly with Scorpio Tankers to develop commercial models and technical configurations tailored for maritime deployment, including power-as-a-service, leasing and long-term service agreements.
Market Opportunity
The maritime sector is facing increasing pressure to decarbonize while maintaining reliable power for shipping, offshore operations, ports, and remote infrastructure. Nuclear microreactor systems offer a potential long-duration, zero-emissions energy solution for marine propulsion, floating power generation and offshore energy supply.
The collaboration will focus on:
Floating nuclear power barges.
Nuclear-powered commercial vessels.
Offshore and remote maritime energy supply.
Port and coastal power infrastructure.
About Scorpio Tankers Inc.
Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers currently owns 89 product tankers (33 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 10.1 years. The Company has reached agreements to sell an LR2 product tanker and four MR product tankers, which are expected to close in the second quarter of 2026. The Company has also reached agreements for four MR newbuildings that are currently under construction with deliveries expected in 2026 and 2027, four LR2 newbuildings with deliveries expected in 2027 and 2029 and two VLCC newbuildings with deliveries expected in the second half of 2028. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release.
About AMPERA, Inc.
AMPERA is a U.S.-based advanced nuclear technology company developing a safeguards-by-design, compact and fully containerized micronuclear reactor system that uses thorium fuel in a subcritical, solid state reactor design that is never refueled. AMPERA uses proprietary 3D printing manufacturing. AMPERA is targeting high-growth, off-grid power opportunities in AI Infrastructure, defense, maritime and other power intensive markets. AMPERA focuses on modular, rapidly deployable nuclear energy systems designed for reliable, long-duration power generation and scalable factory production.
https://investorshub.advfn.com/stock-market/NYSE/scorpio-tankers-STNG/stock-news/98211420/scorpio-tankers-inc-announces-strategic-collabora
surfer44
5月前
Scorpio Tankers Inc. Announces a Vessel Sale Agreement
January 12 2026 - 6:45AM
Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into an agreement to sell the 2015 built scrubber-fitted LR2 product tanker, STI Kingsway. The selling price is $57.5 million, and the sale is expected to close within the first or second quarter of 2026.
About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 93 product tankers (37 LR2 tankers, 42 MR tankers and 14 Handymax tankers) with an average age of 9.8 years. The Company has entered into agreements to sell four LR2 product tankers (including the vessel announced in this release) which are expected to close in the first or second quarter of 2026. The Company has also reached agreements for four MR newbuildings that are currently under construction with deliveries expected in 2026 and 2027, two VLCC newbuildings with deliveries expected in the second half of 2028, and two LR2 newbuildings with deliveries expected in the third quarter of 2027. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release.
https://investorshub.advfn.com/stock-market/NYSE/scorpio-tankers-STNG/stock-news/97595742/scorpio-tankers-inc-announces-a-vessel-sale-agree
surfer44
7月前
Scorpio Tankers Inc. Announces Agreements to Sell Four MR Product Tankers and to Purchase Four MR Newbuilding Vessels
MONACO, Nov. 06, 2025 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell four of its 2014 built MR product tankers and has agreed to purchase four MR newbuilding resales with deliveries in 2026 and 2027.
Vessel Sales
The Company has entered into agreements to sell four 2014 built scrubber-fitted MR product tankers, STI Battery, STI Venere, STI Milwaukee and STI Yorkville, for $32.0 million per vessel. The sales are expected to close within the first quarter of 2026. These vessels are financed on the Company’s 2023 $225.0 Million Revolving Credit Facility and there is currently $7.3 million of debt outstanding per vessel.
Newbuilding MRs
The Company has agreed to purchase four scrubber-fitted MR newbuildings, which are currently under construction at Jingjiang Nanyang Shipbuilding Co., Ltd. in China. The purchase price is $45.0 million per vessel and the expected deliveries are one vessel in each of the second and third quarters of 2026, and the first and second quarters of 2027.
Emanuele Lauro, Chairman and Chief Executive Officer, commented “The sale of older MR vessels, together with the acquisition of modern, scrubber-equipped newbuildings, enhances the fleet’s age profile and overall quality while requiring minimal incremental capital expenditure.”
About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 99 product tankers (38 LR2 tankers, 47 MR tankers and 14 Handymax tankers) with an average age of 9.6 years. The Company has entered into agreements to sell five MR and two LR2 product tankers, which are expected to close in the fourth quarter of 2025 and first quarter of 2026. Additional information about the Company is available on the Company’s website www.scorpiotankers.com, which is not a part of this press release.
https://investorshub.advfn.com/stock-market/NYSE/scorpio-tankers-STNG/stock-news/97177122/form-6-k-report-of-foreign-issuer-rules-13a-16
crudeoil24
6年前
Scorpio Tankers Inc. (Scorpio Tankers) is a Monaco-based company active in the oil transportation industry. The Company is engaged on the seaborne transportation of refined petroleum products in the international shipping markets. Scorpio Tankers operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. Each of the Company’s segments represents a different type of vessel with which it operates, with the total number of vessels being around 110. Handymax represents the smaller type of ship that the Company operates with, followed by MR, LR1 and LR2 being the biggest one. The Company operates with ships under its own ownership as well as finance leased or chartered-in.
geodan
9年前
Market loves it!HEAVY Volume too,ReplacementDivvyStock,ESOA
I sold the STNG bot last week in 3.60s for 3.98, keeping rest.
T, if you want a high divvy check out ESOA
3% divvy,sellingAT BOOK,DoublesEarnings,InRightSpot
Everything is right about ESOA, pipelines in growing areas +gov infrastructure. Q out today.
value1008
9年前
Q4 and yearly results posted; not quite as bad as analysts had predicted, but dividend was slashed for Q1 to just $0.01. Pre-mkt trading was very briefly down to lower $3.20s, but now back up to $3.40s. Obviously any investor in STNG and other shippers is looking forward to at least late 2017 or, more likely, 2018, when these names should skyrocket on (hopefully) better supply/demand dynamics.
geodan
9年前
STNG presentation and last4Qs,TripleIsInOrder
The table below shows the preliminary results and recent trends for key metrics such as revenues and net income growth:
2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30
Relevant Numbers (Quarterly)
Revenues (mil) 114.34 137.21 165.13 178.4 228.14
Revenue Growth (%YOY) -49.88 -27.19 2.75 41.88 175.23
Earnings (mil) -27.12 3.85 28.03 34.21 85.25
So basically STNG grew like a weed for 3 years, then in 2016 has had lower sales 4 Qs in a row and in last Q lost money for first time.
http://www.scorpiotankers.com/corporate-presentations the newest one on that list shows they have newest fleet in the world with best fuel economy and lowest polution. That older tankers are being scrapped by others.
Their fleet is about 2 years old! and huge. And they are building more. That means going forward they will be the low cost leader in terms of operating costs. So unless they go broke they will prosper going forward. Being banks just gave them more money JMHO they will not go broke. In 2010, 2011, 2013, 2014 and 2015 they traded over $10 a share during a portion of those years.
Revenue 12/31/2015 12/31/2014 12/31/2013
Total Revenue 755,711 342,807 207,580
Cost of Revenue 174,556 78,823 40,204
Gross Profit 581,155 263,984 167,376
In 2016 they have much more revenue that in either 2013 or 2014, when it traded over $10. We are at $3.58 now. A stock triple seems in order as this cycle low will come to an end like prior one did.