Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers,” or the “Company”) announced that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 110,000 common shares of the Company today in the open market at an average price of $19.70 per share.
Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. The Company’s fleet consists of 135 owned, finance leased or bareboat chartered-in product tankers (42 LR2 tankers, 12 LR1 tankers, 63 MR tankers and 18 Handymax tankers) with an average age of 5.3 years.
Source: Scorpio Tankers Inc.
