Toro nets nearly $21m from sale of veteran tanker

Nasdaq-listed tanker and LPG owner Toro has concluded another lucrative asset play having offloaded a 2005-built aframax/LR2 at a net gain of nearly $21m. The spinoff of Cyprus-based Castor Maritime has sold the Samsung-built , ex-Dubai Hope, to an unnamed buyer for $33.8m. The Petros Panagiotidis-led firm said it expects to record a Q1 2024 …

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