Scorpio Tankers Inc. Announces Sale of an MR Product Tanker

Monaco - July 12, 2023

Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers", or the "Company") announced the sale of the 2013 built MR product tanker, STI Ville, for $32.5 million in July 2023.

As the vessel is unencumbered, the Company will make no debt repayments associated with this sale.

About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, lease finances leases or bareboat charters-in 112 product tankers (39 LR2 tankers, 59 MR tankers and 14 Handymax tankers) with an average age of 7.5 years.

Additional information about the Company is available at the Company's website www.scorpiotankers.com, which is not a part of this press release.

Scorpio Tankers Inc. press release