Scorpio Tankers (STNG): A Top Tanker Pick Among Shipping Stocks?

Scorpio Tankers Inc. (NYSE:STNG) is included among the 10 Best Shipping Stocks with Dividends.

Scorpio Tankers (STNG): A Top Tanker Pick Among Shipping Stocks?

A top-down view of a crane loading or unloading oil barrels from a Suezmax crude oil tanker.

Scorpio Tankers Inc. (NYSE:STNG) is a shipping company specializing in the transportation of oil and petroleum products. With a strategic operating model and a seasoned leadership team, the company is focused on delivering long-term performance, meeting complex global regulations, and maintaining high environmental standards.

More than 85% of Scorpio Tankers Inc. (NYSE:STNG)’s fleet is outfitted with exhaust gas cleaning systems (scrubbers), allowing the company to use lower-cost fuels while remaining compliant with environmental regulations, ultimately enhancing returns for shareholders.

In July 2025, Scorpio Tankers Inc. (NYSE:STNG) agreed to bareboat charter its MR tanker, STI Bosphorus, at $13,150 per day (about $21,000 TCE) to a third-party joint venture. The vessel will be reflagged under the US and enrolled in the Tanker Security Program, with the charter running until 2037, subject to annual NDAA renewals. The deal is set to begin in August 2025.

In addition to its growth strategies, Scorpio Tankers Inc. (NYSE:STNG) also remains committed to its shareholder obligations. Over the course of its dividend history, the company has raised its payouts several times and currently offers a quarterly dividend of $0.40 per share. With a dividend yield of 3.50%, as of July 30, STNG is among the best dividend stocks from the shipping sector.

While we acknowledge the potential of STNG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than STNG and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.