{"id":34212,"date":"2023-06-27T22:03:21","date_gmt":"2023-06-27T19:03:21","guid":{"rendered":"https:\/\/www.al-sindbad.net\/toro-ships-out-veteran-tanker-for-17m-profit\/34212\/"},"modified":"2023-06-27T22:03:21","modified_gmt":"2023-06-27T19:03:21","slug":"toro-ships-out-veteran-tanker-for-17m-profit","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/toro-ships-out-veteran-tanker-for-17m-profit\/34212\/","title":{"rendered":"Toro ships out veteran tanker for $17m profit"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Nasdaq-listed tanker and LPG owner Toro has landed another massive profit from the sale of an elderly tanker bought in 2021.<\/p>\n<p>The spinoff of Cyprus-based Castor Maritime has confirmed offloading its nineteen-year-old aframax LR2<br \/>\n\t\t\t<span style=\"color:#00adeb;\" class=\"mt_tooltip\" data-mturl=\"\/en\/ais\/details\/ships\/shipid:212109\/mmsi:538009491\/vessel:212109\" data-info=\"WONDER MUSICA [MH]\" data-photourl=\"https:\/\/www.al-sindbad.net\/file\/2023\/06\/Toro-ships-out-veteran-tanker-for-17m-profit.aspx.jpeg\" data-assetname=\"9250531\" data-assettype=\"IMO number\">Wonder Musica<\/span> for $28m, deal brokers earlier reported in the $30m range.<\/p>\n<p>The transaction, expected to close in the third quarter, is expected to deliver a net gain of $17m for the former <em>Alonissos<\/em> the company picked up from Eleston in April 2021 for $11.1m.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The Petros Panagiotidis-led firm has also recently <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/toro-banks-nearly-43m-from-sale-of-two-elderly-tankers\/\" target=\"_blank\" rel=\"noreferrer noopener\">concluded the sales<\/a><\/span> of the 2005-built <em>Wonder Polaris<\/em> and the 2006-built <em>Wonder Bellatrix<\/em> banking close to $43m in the process.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div class=\"stream-item-size\" style=\"\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/cyprus\/\" rel=\"tag\">Cyprus<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed tanker and LPG owner Toro has landed another massive profit from the sale of an elderly tanker bought in 2021. The spinoff of Cyprus-based Castor Maritime has confirmed offloading its nineteen-year-old aframax LR2 Wonder Musica for $28m, deal brokers earlier reported in the $30m range. The transaction, expected to close in the third quarter, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":34213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-34212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=34212"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/34213"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=34212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=34212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=34212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}