Toro Corp. Acquires Two MR Tankers for $83.4M

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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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Toro Corp acquired two MR tanker vessels for $83.4M funded with cash on hand, expanding its fleet.

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