Scorpio Tankers Inc. Announces Pricing of Public Offering of 15 Million Common Shares

Monaco - April 30, 2015

Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has priced its previously announced underwritten public offering (the "Offering") of 15 million of its common shares, par value $0.01 per share (the "Common Shares"), at $9.30 per share. The Offering is expected to close on May 5, 2015. UBS Securities LLC is acting as sole book-running manager in the Offering and Clarksons Platou Securities, Inc. is acting as Joint Lead Manager. Clarksons Capital Markets, LLC, Evercore Group L.L.C., Nomura Securities International, Inc. and Stifel are acting as Senior Co-Managers. The Company has also granted the underwriters a 30-day option to purchase up to 2,250,000 additional Common Shares. Substantially all of the net proceeds of the Offering are expected to be used to fund a portion of the acquisition costs of additional modern product tankers, which may include three LR2 product tankers that the Company currently has options to purchase from an unaffiliated third party. Any net proceeds of the Offering not used for vessel acquisitions are expected to be used for general corporate purposes.

The Common Shares trade on the New York Stock Exchange under the symbol "STNG."


Scorpio Tankers Inc. Announces Public Offering of Common Shares

Monaco - April 29, 2015

Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it intends to offer, issue and sell to the public 15,000,000 shares of its common stock, par value $0.01 per share (the "Common Shares"), through an underwritten public offering (the "Offering"). Substantially all of the net proceeds of the Offering are expected to be used to fund a portion of the acquisition costs of additional modern product tankers, which may include three LR2 product tankers that the Company currently has options to purchase from an unaffiliated third party. Any net proceeds of the Offering not used for vessel acquisitions are expected to be used for general corporate purposes.

UBS Securities LLC is acting as sole book-running manager in the Offering, and Clarksons Platou Securities, Inc. is acting as Joint Lead Manager. Clarkson Capital Markets, LLC, Evercore Group L.L.C., Nomura Securities International, Inc. and Stifel are acting as Senior Co-Managers. The Company also intends to grant the underwriters a 30-day option to purchase up to 2,250,000 additional Common Shares.

The Common Shares trade on the New York Stock Exchange under the symbol "STNG."

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. This offering is being made only by means of a prospectus supplement and accompanying base prospectus. A prospectus supplement related to the offering will be filed with the U.S. Securities and Exchange Commission (the "SEC") and will be available on the SEC's website located at www.sec.gov. When available, copies of the prospectus supplement and the accompanying base prospectus relating to this offering may be obtained from UBS Securities LLC, as representative of the underwriters, at 1285 Avenue of the Americas, New York, NY 10019, Attn: Prospectus Department, or by calling (888) 827-7275, and from Clarksons Platou Securities, Inc., 410 Park Avenue, 7th Floor, Suite 710, New York, NY 10022, Attention: Raquel Lucas (or by e-mail at office@platou.com).

About Scorpio Tankers Inc.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. The Company currently owns 67 tankers (12 LR2 tankers, 15 Handymax tankers, and 40 MR tankers) with an average age of 0.9 years, time charters-in 21 product tankers (five LR2, five LR1, four MR and seven Handymax tankers), and has contracted for 11 newbuilding product tankers (five MR and six LR2), seven of which are expected to be delivered in the second quarter of 2015 and the remaining four vessels in 2016. The Company also owns approximately 16% of Dorian LPG Ltd. Additional information about the Company is available at the Company's website www.scorpiotankers.com, which is not a part of this press release.

Scorpio Tankers Inc. press release