Cyprus-based shipowner Petros Panagiotidis’ latest spin-off is targeting fleet expansion after naming the date for its Nasdaq trading debut in the US.
Robin Energy has been split from Nasdaq-listed Toro Corp to focus on product tankers initially.
Limassol-headquartered Toro, which has four LPG carriers and an MR1 tanker, said it expects to complete the distribution of Robin shares to Toro investors on or around 14 April.
