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Scorpio Tankers Inc STNG

Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113 wholly owned, finance leased or bareboat chartered-in tankers (39 LR2, 60 MR and 14 Handymax). The segments represent a different type of vessel being around 110 with which it operates with the smaller and bigger type of ships that include Handymax, MR, LR1 and LR2 under its own ownership as well as finance, leased or chartered in.


NYSE:STNG - Post by User

Post by fordsteron Apr 25, 2021 2:42pm
225 Views
Post# 33063747

The issue of them moving too slow

The issue of them moving too slowWe saw first hand what COVID did to Tudors aggressive drill program and that still sucked.

Just a guess, I would chalk up delays on Stingers behalf, to our current unfortunate situation. It's getting better, but things will continue to be slow.
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