MONACO, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the "Company") announced today
that the Company plans to issue its third quarter 2017 earnings before the market open on Thursday, November 16, 2017 and will host
a conference call that day at 8:30 AM Eastern Standard Time and 2:30 PM Central European Time.
Conference Call Details
Date: Thursday, November 16, 2017
Time: 8:30 AM Eastern Standard Time and 2:30 PM Central European Time
US Dial-In Number: 1 (855) 861-2416
International Dial-In Number: +1 (703) 736-7422
Conference ID: 3439099
Participants should dial into the call 10 minutes before the scheduled time.
The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no
responsibility for providing updated information.
Slides and Audio Webcast:
There will also be a simultaneous live webcast over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com. Participants for the live webcast should register on the website
approximately 10 minutes prior to the start of the webcast.
Webcast URL: https://edge.media-server.com/m6/p/uheiuc6g
About Scorpio Tankers Inc.
Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. The Company currently owns or finance
leases 107 product tankers (38 LR2 tankers, 12 LR1 tankers, 43 MR tankers and 14 Handymax tankers) with an average age of 2.3 years
and time or bareboat charters-in 19 product tankers (one LR2 tanker, nine MR tankers and nine Handymax tankers). The Company also
has contracted for two newbuilding MR product tankers, one of which is expected to be delivered before the end of 2017 and the
other in the first quarter of 2018.
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of
1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective
information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies,
future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
Scorpio Tankers desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and
is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “expect,”
“anticipate,” “estimate,” “intend,” “plan,” “target,” “project,” “likely,” “may,” “will,” “would,” “could” and similar expressions
identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon
further assumptions, including without limitation, management’s examination of historical operating trends, data contained in
company records and other data available from third parties. Although management believes that these assumptions were reasonable
when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond the company’s control, there can be no assurance that Scorpio Tankers will achieve or
accomplish these expectations, beliefs or projections. The Company undertakes no obligation, and specifically declines any
obligation, except as required by law, to publicly update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
In addition to these important factors, other important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include, unforeseen liabilities, future capital expenditures,
revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects,
business and management strategies for the management, expansion and growth of our operations, risks relating to the integration of
the operations of Navig8 Product Tankers Inc. (“NPTI”) and the possibility that the anticipated synergies and other benefits of the
acquisition of NPTI will not be realized or will not be realized within the expected timeframe, the outcome of any legal
proceedings related to the merger with NPTI and the related transactions, the failure of counterparties to fully perform their
contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter
rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices,
drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty
performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules
and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic
and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels
breakdowns and instances of off-hires, and other factors. Please see Scorpio Tankers’ filings with the U.S. Securities
and Exchange Commission for a more complete discussion of certain of these and other risks and uncertainties.
Scorpio Tankers Inc.
212-542-1616
