Toro Corp. Announces the Delivery of its first LPG Carrier Dream Terrax
30 Mayo 2023 - 8:00AM
Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an
international energy transportation services company, announces
that on May 26, 2023, the Company took delivery of the 2020
eco design Japanese-built 5,000 cbm LPG carrier Dream Terrax, which
it had agreed to acquire, as previously announced, on April 27,
2023.
The acquisition price of $19.87 million was
financed in its entirety with cash on hand.
About Toro Corp.
Toro Corp. is an international energy
transportation services company with a fleet of tankers and LPG
carriers that carry crude oil, petroleum products and petrochemical
gases worldwide.
Toro Corp. currently owns a fleet of nine
vessels, with an aggregate capacity of 0.7 million dwt, consisting
of one Aframax, five Aframax/LR2, two Handysize tankers and one
5,000 cbm LPG carrier. As previously announced, Toro Corp. has
agreed to sell three of its Aframax/LR2 tankers and has agreed to
acquire three additional LPG carriers.
Toro is incorporated under the laws of the
Republic of the Marshall Islands. The Company's common shares trade
on the Nasdaq Capital Market under the symbol “TORO”.
For more information, please visit the Company’s
website at www.torocorp.com. Information on our website does not
constitute a part of this press release.
CONTACT DETAILS
For further information please contact:
Petros PanagiotidisToro Corp. Email:
info@torocorp.com
Toro (NASDAQ:TORO)
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