SOURCE: Scorpio Tankers Inc.

Scorpio Tankers Inc.

April 08, 2010 08:30 ET

Scorpio Tankers Inc. Reports Executive Officers and Director Stock Purchases

MONACO--(Marketwire - April 8, 2010) - Scorpio Tankers Inc. (NYSE: STNG) has been advised that certain of its executive officers and a director have purchased an aggregate of 55,200 shares of the Company's common stock on the open market between the commencement of trading on the New York Stock Exchange on March 31, 2010 and today. Robert Bugbee (President), Cameron Mackey (Chief Operating Officer), and a director purchased 38,200 shares, 14,000 shares and 3,000 shares, respectively.

About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a newly formed provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns three double hull Panamax tankers, with an average age of 6.8 years. Additional information about the Company is available at the Company's website

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