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Scorpio Tankers Inc. Announces a Time Charter-Out Agreement and an Update on Daily TCE Rates
Globenewswire· 2025-09-04 17:58
MONACO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today a time charter-out agreement and an update on daily TCE rates. Time Charter-Out Agreement The Company recently reached an agreement to time charter-out the 2014 built LR2 product tanker, STI Orchard. The term of this agreement is for five years at a rate of $28,350 per day commencing in the third quarter of 2025. Daily TCE Rate Update Below is a summary of the average daily Time ...