Cyprus-based owner Toro Corp has been linked to more highly lucrative tanker sales after moving into LPG shipping.
Brokers have tied the Petros Panagiotidis-led company, listed on the Nasdaq exchange, to the disposal of as many as three elderly LR2 vessels.
The 115,300-dwt Wonder Bellatrix (built 2006) and Wonder Polaris (built 2005) have reportedly fetched $72m combined, more than double the $32.1m