Sec Form 13D Filing - Scorpio Services Holding Ltd filing for SCORPIO TANKERS INC (STNG) - 2023-08-17

Scorpio Tankers Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

Y7542C130

(CUSIP Number)

Mr. Emanuele Lauro  99 Boulevard du Jardin Exotique Monaco 98000 377-9798-5716   with a copy to: Edward S. Horton, Esq. Seward & Kissel LLP One Battery Park Plaza New York, New York 10004 (212) 574-1200

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

August 15, 2023

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13D-1(e), 240.13d‑1(f) or 240.13d-1(g), check the following box [_].

CUSIP No.

Y7542C130

1.	NAME OF REPORTING PERSONS
	Scorpio Holdings Limited

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
		(a)	[_]
		(b)	[X]

3.	SEC USE ONLY

4.	SOURCE OF FUNDS
	WC

5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)		[_]

6.	CITIZENSHIP OR PLACE OF ORGANIZATION
	The Republic of the Marshall Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.	SOLE VOTING POWER
	0

8.	SHARED VOTING POWER
	3,706,735

9.	SOLE DISPOSITIVE POWER
	0

10.	SHARED DISPOSITIVE POWER		[_]
	3,706,735

11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
	PERSON
	3,706,735

12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
	CERTAIN SHARES
		[_]

13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	6.9%

14.	TYPE OF REPORTING PERSON
	CO

CUSIP No.

Y7542C130

1.	NAME OF REPORTING PERSONS
	Annalisa Lolli-Ghetti

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
		(a)	[_]
		(b)	[X]

3.	SEC USE ONLY

4.	SOURCE OF FUNDS
	OO

5.	C HECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)		[_]

6.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Italy

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.	SOLE VOTING POWER
	298,010

8.	SHARED VOTING POWER
	3,706,735

9.	SOLE DISPOSITIVE POWER
	298,010

10.	SHARED DISPOSITIVE POWER		[_]
	3,706,735

11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
	PERSON
	4,004,745

12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
	CERTAIN SHARES
		[_]

13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	7.5%

14.	TYPE OF REPORTING PERSON
	IN

CUSIP No.

Y7542C130

1.	NAME OF REPORTING PERSONS
	Scorpio Services Holding Limited

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
		(a)	[_]
		(b)	[X]

3.	SEC USE ONLY

4.	SOURCE OF FUNDS
	WC

5.	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)		[_]

6.	CITIZENSHIP OR PLACE OF ORGANIZATION
	The Republic of the Marshall Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.	SOLE VOTING POWER
	0

8.	SHARED VOTING POWER
	2,854,536

9.	SOLE DISPOSITIVE POWER
	0

10.	SHARED DISPOSITIVE POWER		[_]
	2,854,536

11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
	PERSON
	2,854,536

12.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
	CERTAIN SHARES
		[_]

13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	5.3%

14.	TYPE OF REPORTING PERSON
	CO

CUSIP No.		Y7542C130
Explanatory Note:   This Amendment No. 2 to the Schedule 13D that was originally filed on May 15, 2020 (the “Schedule 13D”) relates to the common stock, par value $0.01 per share (the “Common Shares”) of Scorpio Tankers Inc., a corporation formed under the laws of the Republic of the Marshall Islands (the “Issuer”). This Amendment No. 2 is being filed to reflect transactions in the Common Shares by the Reporting Persons since the prior filing.
Item 1.	Security and Issuer.

There are no material changes to the Schedule 13D.

Item 2.

Identity and Background.   Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows:   This Schedule 13D is being filed on behalf of the following:   Scorpio Holdings;   Scorpio Services Holding Limited, a corporation formed under the laws of the Republic of the Marshall Islands (“SSH”), and a wholly-owned subsidiary of Scorpio Holdings; and     Annalisa Lolli-Ghetti, the majority shareholder of Scorpio Holdings (“Ms. Lolli-Ghetti”, and together with Scorpio Holdings and SSH, the “Reporting Persons”).   Ms. Lolli-Ghetti may be deemed the beneficial owner of approximately 7.5% of the Issuer’s outstanding Common Shares, Scorpio Holdings may be deemed the beneficial owner of approximately 6.9% of the Issuer’s outstanding Common Shares, and SSH may be deemed the beneficial owner of approximately 5.3% of the Issuer’s outstanding Common Shares.   The principal business of Scorpio Holdings is acting as a holding company for SSH and certain other companies.   The principal business of SSH is the provision of administrative services relating to the ownership and operation of vessels, including to the Issuer and unaffiliated third parties.     The principal business address and principal office address of each of the Reporting Persons is 99 Boulevard du Jardin Exotique, MC 98000, Monaco.   The identity, present principal occupation/employment, citizenship and business address of the executive officers, directors, and controlling persons of the Reporting Persons, other than Ms. Lolli-Ghetti for whom such information is provided elsewhere herein, (together, the “Principals”) is set forth below.

Name	Principal Occupation and Employment (1)	Citizenship
Emanuele Lauro	Director and Chief Executive Officer of Scorpio Holdings, SSH, the Issuer, Eneti Inc,  and other entities within the Scorpio group of companies.	Italy
Robert Bugbee	Director and President of Scorpio Holdings, SSH, the Issuer, Eneti Inc.,  and other entities within the Scorpio group of companies.	Britain
Cameron Mackey	Director and Chief Operating Officer of Scorpio Holdings, SSH, the Issuer, , and other entities within the Scorpio group of companies, and Chief Operating Officer of Eneti Inc.	USA
Filippo Lauro	Director and Vice President of Scorpio Holdings, SSH, and other entities within the Scorpio group of companies, and Vice President of the Issuer, and Eneti Inc.	Italy
Brian Lee	Chief Financial Officer of Scorpio Holdings, SSH, the Issuer, and other entities within the Scorpio group of companies.	USA

(1)  The business address of the Principals, Eneti Inc, and other entities within the Scorpio group of companies is 99 Boulevard du Jardin Exotique, MC 98000, Monaco. The Reporting Persons, and, to the best of their knowledge, the Principals, have not, during the last five years, been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors). The Reporting Persons, and, to the best of their knowledge, the Principals, have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws.

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended to include the following:   Between December 24, 2020 and August 15, 2023,  SHL acquired an aggregate of 300,000 Common Shares in open market transactions using funds from working capital.

Item 4.

Purpose of Transaction.    There are no material changes to the Schedule 13D.

(a,b)	According to the Issuer’s Report on Form 6-K, filed with the Securities and Exchange Commission on August 15, 2023, the Issuer has 53,513,544 Common Shares outstanding. Based on the foregoing, as of the date of this filing:   Ms. Lolli-Ghetti may be deemed the beneficial owner of 4,004,745  Common Shares, representing approximately 7.5% of the Issuer’s outstanding Common Shares and Scorpio Holdings may be deemed the beneficial owner of 3,706,735  Common Shares, representing approximately  6.9% of the Issuer’s outstanding Common Shares. Scorpio Holdings and Ms. Lolli-Ghetti have the shared power to vote and dispose of 3,706,735 of these Common Shares. Ms. Lolli-Ghetti has the sole power to vote and dispose of 298,010 Common Shares.   SSH may be deemed the beneficial owner of 2,854,536 Common Shares, representing approximately 5.3%  of the Issuer’s outstanding Common Shares. SSH, Scorpio Holdings and Ms. Lolli-Ghetti have the shared power to vote and dispose of these Common Shares.     As of the date of this filing, the Principals may be deemed to be the beneficial owners of an aggregate of 4,791,125 Common Shares, with the sole power to vote and dispose of the Common Shares that each Principal respectively owns.
(c)	Except as otherwise disclosed herein, no transactions in the Common Shares were effected by the Reporting Person during the past 60 days.
(d)	No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the Common Shares beneficially owned by the Reporting Persons or the Principals.
(e)	Not applicable.

Item 6.	Contracts, Arrangements, Understandings or Relationships with Respect
	to Securities of the Issuer.

There are no material changes to the Schedule 13D.

Item 7.

Material to be Filed as Exhibits. Not applicable.

	SCORPIO HOLDINGS LIMITED*
	By:	/s/ Filippo Lauro
		Name: Filippo Lauro
		Title:   Director and Vice President

	SCORPIO SERVICES HOLDING LIMITED*
	By:	/s/ Filippo Lauro
		Name: Filippo Lauro
		Title:   Director and Vice President

	ANNALISA LOLLI-GHETTI*
		/s/ Annalisa Lolli-Ghetti