Toro doubles MR fleet with $83m tanker pair

Splash 24720 Sep 2026AI generated

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Nasdaq-listed Toro Corp has doubled its MR tanker fleet with the acquisition of two ships for a combined $83.4m, accelerating its return to the product tanker sector as it prepares to spin off its remaining LPG carriers. The Petros Panagiotidis-led company has paid $45.9m for the 2018 Japanese-built Wonder Alasia, taking delivery on September 17. …

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