Scorpio Tankers President, Robert Bugbee, Discusses Corporate Strategy and Product Tanker Sector Outlook
10 August 2023 - 10:05PM
With the occasion of the recently announced financial and
operational results of Q2 2023, Mr. Robert Bugbee, President of
Scorpio Tankers (NYSE: STNG) participated in Capital Link’s
Trending News Podcast Series, hosted by Mr. Nicolas Bornozis,
President of Capital Link. In this Podcast Series, company
management discusses and comments on recent news and announcements.
During the interview, Mr. Robert Bugbee gave an
update on Scorpio’s corporate strategy and product tanker sector
fundamentals.
Interview Highlights:
(indicating the time each topic is addressed in the interview)
- Cornerstone of corporate strategy @
1:30
- On buybacks and capital allocation
@ 3:54
- Dividend Policy @ 5:20
- Product tanker sector @ 7:08
- Outlook of freight markets @
10:00
- Product tanker – Supply side @
11:05
- Russian sanctions impact on
shipping @ 12:20
- STNG’s share performance versus its
NAV @ 12:48
- Rationale behind recent investments
in two public companies @ 14:34
- Closing remarks @ 17:01
The full interview can be accessed on
the Capital Link TV page linked
below:https://youtu.be/dqWpg_t1zkI
About Scorpio Tankers
Inc.Scorpio Tankers Inc. (NYSE: STNG) is a provider of
marine transportation of petroleum products worldwide. Scorpio
Tankers Inc. currently owns, lease finances or bareboat charters-in
112 product tankers (39 LR2 tankers, 59 MR tankers and 14 Handymax
tankers) with an average age of 7.5 years.
Visit the company website at
www.scorpiotankers.com
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