Scorpio Tankers Locks In Three-Year Charters For LR2 Vessels STI Gladiator And STI Jermyn At $40,188 And $42,500 Daily Rates, Adds MR Tanker STI Pontiac To Fleet Deals

Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today an update on its third quarter of 2026 average daily Time Charter Equivalent ("TCE") rates and that it has entered into agreements to time charter-out three product tankers.

Time Charter-Out Agreements

The Company has recently entered into agreements to time charter-out two LR2 product tankers, STI Gladiator and STI Jermyn, and one MR product tanker, STI Pontiac. The agreements for STI Gladiator and STI Jermyn are each for a term of three years at rates of $40,188 per day and $42,500 per day, respectively. These time charters are expected to commence in September 2026. The agreement for STI Pontiac is for a term of three years at a rate of $23,900 per day. This time charter is expected to commence in the fourth quarter of 2026.