Toro Corp. Announces the Sale of the LPG Carrier Dream Syrax
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2025
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Source: Globenewswire
Transaction Announcement: Toro Corp. has agreed to sell the Dream Syrax LPG Carrier vessel to a subsidiary of Robin Energy Ltd. for $18 million, with delivery expected in Q3 2025, pending customary closing conditions.
Company Overview: Following this sale, Toro Corp.'s fleet will consist of three LPG carriers and one MR tanker, continuing its operations as a global energy transportation services provider listed on Nasdaq under the symbol "TORO".
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
