Scorpio Tankers Inc. specializes in the marine transportation of refined petroleum products such as gasoline, diesel, jet fuel, and naphtha. The company's fleet consists of nearly 90 wholly owned or lease-financed product tankers, categorized into Long Range 2 (LR2), Medium Range (MR), and Handymax classes. Scorpio generates revenue primarily through the spot market and short-term time charters, operating its vessels in spot-oriented pools. The company is distinguished by its focus on maintaining a modern, eco-friendly, and fuel-efficient fleet, frequently engaging in fleet renewal through the sale of older vessels and the acquisition of newbuildings. Its customer base includes major global oil companies and commodity traders.
