Four-ship owner Toro Corp has completed the spin-off of single-ship tanker business Robin Energy on New York’s Nasdaq.
Monday’s completion of the launch was announced on Tuesday as Toro reported fourth-quarter earnings. Both companies are led by Cyprus-based shipowner Petros Panagiotidis.
Limassol-headquartered Toro had four LPG carriers and an MR1 prior to spinning the product tanker into Robin
