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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 phantomson Jan 15, 2022 4:20pm
334 Views
Post# 34320750

slow slide

slow slide
according to amk the co split was supposed to create more value for shareholders.at this time no news , no promotion so is this split has been for more salaries and options (revised at low price).i have never invested in amk as this co isn t a mining co. for me amk has been created for the benefit of i guess you to judge. just look at salaries and option.i am in stng ( a mistake at this time ) cause the low shares count    the cash in hand and the tudor shares + the apparently good projects.may be i am wrong so  everything  is ok . i must add i am glad to see kelvin burton with his body georges on you tube to be so happy with tudor result on treaty.
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