Toro Corp, the tanker company spun off from US-listed Castor Maritime, has expanded into the LPG segment by acquiring four LPG carriers.
The Nasdaq-listed company said it had agreed to acquire three 2015-built and one 2020-built 5,000-cbm LPG carriers from an unnamed seller.
Toro said in a regulatory filing that the aggregate purchase price for the four unnamed Japanese-built vessels was $70.7m.
