XML 45 R24.htm IDEA: XBRL DOCUMENT
v3.26.1

Segment reporting | 12 Months Ended
--- | ---
Dec. 31, 2025
Operating Segments [Abstract] |
Segment reporting | Segment reporting The information provided to our chief operating decision maker, the Chief Executive Officer, to review our performance and allocate resources is aggregated by vessel class. We do not monitor performance by geographical areas as our vessels regularly move between countries in international waters, over dozens of trade routes and, as a result, the disclosure of financial information about geographic areas is impracticable. The accounting policies applied to each of the reportable segments are the same as our accounting policies described in Note 1 and there are no differences between the measurement principles used for segment reporting and those applied to the consolidated financial statements. Information about our reportable segments for the years ended December 31, 2025, 2024, and 2023 is as follows: For the year ended December 31, 2025
In thousands of U.S. dollars |  | Handymax |  | LR2 |  | MR |  | Reportable segments subtotal |  | Corporate and eliminations |  | Total
Vessel revenue |  | $ | 115,632 |  |  | $ | 444,313 |  |  | $ | 378,277 |  |  | $ | 938,222 |  |  | $ | — |  |  | $ | 938,222 |
Vessel operating costs |  | (37,685) |  |  | (121,034) |  |  | (129,151) |  |  | (287,870) |  |  | — |  |  | (287,870) |
Voyage expenses |  | (8,564) |  |  | (20,236) |  |  | (8,113) |  |  | (36,913) |  |  | — |  |  | (36,913) |
Depreciation - vessels and drydock |  | (21,988) |  |  | (79,939) |  |  | (78,408) |  |  | (180,335) |  |  | — |  |  | (180,335) |
General and administrative expenses |  | (1,693) |  |  | (3,748) |  |  | (4,777) |  |  | (10,218) |  |  | (113,188) |  |  | (123,406) |
Gain on sale of vessels |  | — |  |  | 14,963 |  |  | 30,523 |  |  | 45,486 |  |  | — |  |  | 45,486 |
Financial expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (80,131) |  |  | (80,131) |
Financial income |  | — |  |  | — |  |  | — |  |  | — |  |  | 21,891 |  |  | 21,891 |
Income from joint venture |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,104 |  |  | 4,104 |
Dividend income and fair value gain on financial assets measured at fair value through profit or loss |  | — |  |  | — |  |  | — |  |  | — |  |  | 41,123 |  |  | 41,123 |
Other income and (expenses), net |  | 151 |  |  | 1,278 |  |  | 1,302 |  |  | 2,731 |  |  | (610) |  |  | 2,121 |
Segment income or loss |  | $ | 45,853 |  |  | $ | 235,597 |  |  | $ | 189,653 |  |  | $ | 471,103 |  |  | $ | (126,811) |  |  | $ | 344,292 |
For the year ended December 31, 2024
In thousands of U.S. dollars |  | Handymax |  | LR2 |  | MR |  | Reportable segments subtotal |  | Corporate and eliminations |  | Total
Vessel revenue |  | $ | 120,542 |  |  | $ | 571,422 |  |  | $ | 551,987 |  |  | $ | 1,243,951 |  |  | $ | — |  |  | $ | 1,243,951 |
Vessel operating costs |  | (39,174) |  |  | (127,540) |  |  | (152,433) |  |  | (319,147) |  |  | — |  |  | (319,147) |
Voyage expenses |  | (3,998) |  |  | (15,504) |  |  | (10,869) |  |  | (30,371) |  |  | — |  |  | (30,371) |
Depreciation - vessels and drydock |  | (20,423) |  |  | (80,191) |  |  | (84,705) |  |  | (185,319) |  |  | — |  |  | (185,319) |
General and administrative expenses |  | (1,211) |  |  | (3,260) |  |  | (4,441) |  |  | (8,912) |  |  | (112,136) |  |  | (121,048) |
Gain on sale of vessels |  | — |  |  | 26,326 |  |  | 150,211 |  |  | 176,537 |  |  | — |  |  | 176,537 |
Financial expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (109,539) |  |  | (109,539) |
Financial income |  | — |  |  | — |  |  | — |  |  | — |  |  | 15,947 |  |  | 15,947 |
Income from joint venture |  | — |  |  | — |  |  | — |  |  | — |  |  | 7,664 |  |  | 7,664 |
Dividend income and fair value loss on financial assets measured at fair value through profit or loss |  | — |  |  | — |  |  | — |  |  | — |  |  | (11,176) |  |  | (11,176) |
Other income and (expenses), net |  | — |  |  | 1,469 |  |  | 166 |  |  | 1,635 |  |  | (360) |  |  | 1,275 |
Segment income or loss |  | $ | 55,736 |  |  | $ | 372,722 |  |  | $ | 449,916 |  |  | $ | 878,374 |  |  | $ | (209,600) |  |  | $ | 668,774 |
For the year ended December 31, 2023
In thousands of U.S. dollars |  | Handymax |  | LR2 |  | MR |  | Reportable segments subtotal |  | Corporate and eliminations |  | Total
Vessel revenue |  | $ | 154,586 |  |  | $ | 530,736 |  |  | $ | 655,900 |  |  | $ | 1,341,222 |  |  | $ | — |  |  | $ | 1,341,222 |
Vessel operating costs |  | (37,940) |  |  | (114,595) |  |  | (163,047) |  |  | (315,582) |  |  | — |  |  | (315,582) |
Voyage expenses |  | (3,712) |  |  | (5,536) |  |  | (3,995) |  |  | (13,243) |  |  | — |  |  | (13,243) |
Depreciation - vessels and drydock |  | (20,654) |  |  | (76,383) |  |  | (81,222) |  |  | (178,259) |  |  | — |  |  | (178,259) |
Depreciation - right of use assets for vessels |  | — |  |  | (4,910) |  |  | (19,334) |  |  | (24,244) |  |  | — |  |  | (24,244) |
General and administrative expenses |  | (1,432) |  |  | (3,876) |  |  | (4,748) |  |  | (10,056) |  |  | (96,199) |  |  | (106,255) |
Write-off of deposits on scrubbers |  | — |  |  | — |  |  | (10,508) |  |  | (10,508) |  |  | — |  |  | (10,508) |
Gain on sale of vessels |  | — |  |  | — |  |  | 12,019 |  |  | 12,019 |  |  | — |  |  | 12,019 |
Financial expenses |  | — |  |  | — |  |  | — |  |  | — |  |  | (183,231) |  |  | (183,231) |
Financial income |  | — |  |  | — |  |  | 617 |  |  | 617 |  |  | 18,495 |  |  | 19,112 |
Income from joint venture |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,950 |  |  | 5,950 |
Other expenses, net |  | — |  |  | — |  |  | — |  |  | — |  |  | (83) |  |  | (83) |
Segment income or loss |  | $ | 90,848 |  |  | $ | 325,436 |  |  | $ | 385,682 |  |  | $ | 801,966 |  |  | $ | (255,068) |  |  | $ | 546,898 |
Revenue from customers representing greater than 10% of total revenue during the years ended December 31, 2025, 2024, and 2023, within their respective segments was as follows:
In thousands of U.S. dollars |  |  |  | For the year ended December 31,
Segment |  | Customer |  | 2025 |  | 2024 |  | 2023
MR |  | Scorpio MR Pool Limited (1) |  | $ | 323,088 |  |  | $ | 497,003 |  |  | $ | 605,442 |
LR2 |  | Scorpio LR2 Pool Limited (1) |  | 302,048 |  |  | 416,014 |  |  | 405,244 |
Handymax |  | Scorpio Handymax Tanker Pool Limited (1) |  | 108,999 |  |  | 118,432 |  |  | 135,481 |
|  |  |  | $ | 734,135 |  |  | $ | 1,031,449 |  |  | $ | 1,146,167 |
(1)These customers are related parties as described in Note 17.

X
- Definition The entire disclosure for operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2025-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2025-en-r&doctype=Standard&dita_xref=IFRS08_g20-24_TI -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Operating Segments [Abstract] + References No definition available. + Details
Name: | stng_OperatingSegmentsAbstract
Namespace Prefix: | stng_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration