Toro Corp. Announces the Acquisitions and Deliveries of Two Tanker Vessels
Toro Corp. announced that it has entered into agreements, through two separate wholly-owned subsidiaries, to acquire two MR tanker vessels from unaffiliated third parties. The company is a global energy transportation services provider based in Limassol, Cyprus.
Why it matters — This acquisition expands Toro's owned tanker fleet, which could strengthen the company's capacity in its energy transportation business.