Toro Corp. Acquires Dream Terrax

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Credit: Khunkorn Laowisit/Pexels

Toro Corp. (NASDAQ: TORO), a global company that provides energy transportation services, has received the delivery of a 2020 eco-friendly Japanese-built LPG carrier named Dream Terrax. The acquisition of the vessel, which was announced on April 27, 2023, took place on May 26, 2023. The total purchase price of $19.87 million was fully financed using the company’s available cash.

 

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Source: Yahoo