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Toro Ltd

Toro Corp. is a shipping company that acquires, owns, charters, and operates oceangoing LPG carrier vessels and MR tankers worldwide. It operates through three segments: Eco Tanker, Non-Eco Tanker, and LPG Carrier. The company provides energy seaborne transportation services for LPG and operates a fleet of two LPG carrier vessels and two MR tankers with an aggregate cargo carrying capacity of 0.1 million deadweight tonnage. Formerly known as Tankco Shipping Inc., it changed its name to Toro Corp. in September 2022. Founded in 2022, the company is based in Limassol, Cyprus, and is a subsidiary of Castor Maritime Inc.

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TORO

Toro Corp. Acquires Two MR Tankers for $83.4M

Toro Corp said on Friday it acquired two MR tanker vessels from unaffiliated third parties for a combined $83.4M. The company paid $45.9M for the 2018-built M/T Wonder Alasia and $37.5M for a 2014-built scrubber-fitted vessel, which is expected to be renamed M/T Wonder Atria. Both acquisitions were funded with cash on hand.
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