Nasdaq-listed tanker and LPG owner Toro has landed another massive profit from the sale of an elderly tanker bought in 2021, says an article published on Splash.
Deal brokers earlier reported
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, which should close in the third quarter, is expected to deliver a net gain of $17m on the former Alonissos the company picked up from Eleston in April 2021 for $11.1m.
Sales of the 2005
The Petros Panagiotidis-led firm has also recently concluded the sales of the 2005-built Wonder Polaris and the 2006-built Wonder Bellatrix banking close to $43m in the process.
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Source: Splash
