Nasdaq-listed Toro Corp is banking a colossal profit from the disposal of two elderly tankers bought in 2021.
The Cyprus-based owner said the 115,300-dwt aframaxes Wonder Bellatrix (built 2006) and Wonder Polaris (built 2005) are leaving the fleet for a combined $71.5m in a deal first reported by TradeWinds.
The net gain is expected to be $42.9m,